Kohl’s is an American department store chain with more than 1,100 locations. The company was founded in 1962 and is headquartered in Menomonee Falls, Wisconsin.
Kohl’s is the second-largest department store chain in the United States after Macy’s, and the third-largest discount store chain in the United States, behind Walmart and Target. In 2021, Kohl’s is doing well financially.
Kohl’s reported net income of $1.1 billion in 2020, up from $811 million in 2019. The company’s 2020 sales were $19.2 billion, up from $18.8 billion in 2019.
Kohl’s has been successful in recent years by investing in its e-commerce business and expanding its off-price business with the addition of stores like Off Aisle by Kohl’s. The company is also expanding its partnership with Amazon, which allows customers to return Amazon items to Kohl’s stores.
Kohl’s is well positioned for continued success in 2021. The company is investin
