Kohl's 2000 Annual Report Download

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Kohl’s Corporation
N56 W17000 Ridgewood Drive
Menomonee Falls, WI 53051-5660
(262) 703-7000
www.kohls.com
Printed on recycled paper.

Table of contents

  • Page 1
    Kohl's Corporation N56 W17000 Ridgewood Drive Menomonee Falls, WI 53051-5660 (262) 703-7000 www.kohls.com Printed on recycled paper.

  • Page 2
    Kohl's Corporation 2000 Annual Report that's more like it more growth more expansion more brands more convenience more value ®

  • Page 3
    ... s M essage fr om B ill Kellogg M or e Expansion profile As of April 2001, Kohl's operates 354 family-oriented, specialty department stores in 28 states that feature quality, national brand merchandise priced to provide exceptional value to customers. The company's stores sell moderately M or...

  • Page 4
    ... (In millions of dollars) compounded grow th rate basis (excluding non-recurring charges), our net income has increased 38 percent over the last five years and 33 percent since 1992. Net income Diluted Net Income Per Share (1) Number of Stores increased 44 percent in 2000. This w as the highest...

  • Page 5
    ... in 2000, consistent with our average over the past five years and well above the performance of our direct competitors. We remain focused on increasing our market share and successfully opening new stores. Our outstanding performance has resulted in more value for our shareholders. Our stock price...

  • Page 6
    ... Convenience Convenience is very important to our customer. Our ample and well-lit parking, handy stroller carts, functional store layout, in-stock position and central check-out make shopping at Kohl's fast and easy. In 2001, we will add on-line shopping for those customers who want the convenience...

  • Page 7
    ... our customers prefer. Kohl's Targets the Northeast The opening of 35 stores in the tri-state market of New York, New Jersey and Connecticut in 2000 was highly successful, with results that substantially exceeded our initial projections. With this strong start, Kohl's has captured a solid share of...

  • Page 8
    ... to coast. We carefully research new markets to be certain we can be successful in both merchandising and operations. When we enter a new market, new store openings are preceded by an aggressive marketing program that positions Kohl's as a brand, drives sales through highly promotional events, and...

  • Page 9

  • Page 10
    Existing States 2000 Expansion States 2001 Expansion States Future Expansion States Store Locations H M ajor M arket Expansion Ko h l 's C o r p o r a t i o n 7

  • Page 11
    ... returns and exchanges fast and easy. Our gift registry helps newlyweds in furnishing their first home and provides shopping ideas for other special events. Kohl's strong credit card program enables customers to track their purchases and provides extra benefits such as advance notice of major sales...

  • Page 12
    more brands and value Kohl's focuses on w om en shopping for them selves and their fam ilies. Popular National Brand Names W hat differentiates Kohl's from many of its competitors is our emphasis on brand-name merchandise. From w ell-know n w omen's apparel lines to popular athletic shoes, quality ...

  • Page 13
    .... It means she can find the brand names and selection she w ants in a pleasant shopping environment close to home. It means she has more time to spend on her family, herself, or her community. Now, that's more like it! W ide aisles and stroller carts enhance the Kohl's shopping ex perience. 10...

  • Page 14
    ...'s store. The site will be fully integrated into other marketing activities, including our weekly newspaper inserts and advertising. Staffing will be similar to a new market entry, blending outside people who have e-commerce expertise with Kohl's Associates who understand our philosophy and culture...

  • Page 15
    ... Kids" is a fundraising card program. Schools and non-profit youth organizations sell special "Kohl's Cares for Kids" gift cards, with up to five percent of the total purchase price going back to the community youth organization. " Kohl's Kids Who Careâ„¢" Knowing that kids, too, have an important...

  • Page 16
    ...advance their career. As part of the Kohl's team, our Associates have opportunities to grow both personally and professionally. We continue to invest in computer-based training, adding to programs focusing on customer service, productivity and execution of our best practices. Computer-based training...

  • Page 17
    ...04 per share. (b) The year ended February 3, 1996, includes a non-recurring credit operations charge of $14.1 million ($8.3 million after-tax) or $.03 per share. (c) Adjusted for stock splits in 1996, 1998 and 2000. Forw ard-Looking Statements Certain statements made w ithin this report are " forw...

  • Page 18
    ...Kohl's Corporation N56 W 17000 Ridgew ood Drive M enomonee Falls, W isconsin 53051-5660 (262) 703-7000 Web site: w w w.kohls.com Transfer Agent and Registrar 259 29.6% CAGR* 189 150 102 82 124 The Bank of New York Shareholder Relations Dept. 11-E P.O. Box 11258 Church Street Station New York, New...