Kohl's 2001 Annual Report Download

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Please find the complete 2001 Kohl's annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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Table of contents

  • Page 1

  • Page 2
    ... April 2002, Kohl's operates 420 family-focused, value-oriented, department stores in 32 states. T he company's stores offer moderately priced national brandname apparel, shoes, accessories and home products targeted to middle income customers shopping for their families and homes. Kohl's focuses on...

  • Page 3
    ... the new markets of Atlanta, Austin, Oklahoma City and El Paso. We plan to open approximately 70 stores in 2002, including major entries into Boston, Houston and Nashville. In 2003, we will expand westward with entries into Los Angeles, Phoenix and Las Vegas. Consistent Execution Kohl's success is...

  • Page 4
    ... It! key item program provides basic items that drive volume, while our table & tower program enhances the shopping experience with creative gift and seasonal ideas. Convenience at Kohl's continues to mean easy access, ample parking, in-stock merchandise, an efficient store layout and fast check-out...

  • Page 5
    ... new markets by building new stores in Atlanta, Charlotte, Cleveland, Denver, Dallas, Houston, Pittsburgh and Washington D.C. We have also converted stores previously operated by regional discounters in Boston, Philadelphia, St. Louis and the New York region. Kohl's expansion strategy is designed...

  • Page 6
    ... new markets in 2001 included Oklahoma City with four stores, Austin and Fayetteville with three stores each and El Paso with two stores. We also added 32 fill-in stores. Expansion in 2002 In spring 2002, we opened 38 stores, including major entries into Houston and Boston. We very successfully...

  • Page 7
    ...into the Southwest with major entry into Los Angeles, giving 2003 Kohl's coast-to-coast coverage. Furt her ent ries planned for Phoenix and Las Vegas. 2001 Aust in, Fayet t eville and El Paso. Fif t h dist ribut ion cent er opens in Corsicana, Texas. 2002 Sevent h dist ribut ion cent er in San...

  • Page 8
    ... in 2002. Bali, Cart er's, Crof t and Barrow, Fieldcrest , Haggar, Adidas, Kit chenAid, l.e.i., Mudd, 1993 Healt hTex, Krups, Lee, Levi's, Nike, Pfalt zgraf f , Skechers, 1992 1994 Olga, Reebok, Union Bay, Warner's Speedo Body Source, Genuine Sonoma Jean Company, Seiko 6 1995 Champion

  • Page 9
    ... selection. T hat's what we told our future shareholders when we took the company public in 1992. Ten years later, our mission remains the same. Today, we also emphasize convenience, a feature of growing importance to our busy customers. More brands, more value and more convenience set Kohl's apart...

  • Page 10
    ... existing Web site, www.kohls.com, in 2001. T he Web site offers popular key items and best selling family apparel and home merchandise, at the same price as in-store. For added convenience, items purchased on-line can be easily returned or exchanged at any one of our store locations. Ko hl's table...

  • Page 11
    ...saving medical equipment, family resource centers and hospital expansion projects. Ko hl's Cares fo r Kids® gift items fo r Spring 2002 include a Curio us Geo rge bo o k o r plush to y fo r $5. Fundraising Card Program T he Kohl's Cares for Kids® Fundraising Card Program makes raising money easy...

  • Page 12
    ... Kohl's and to manage the growth of internal promotions. Our college recruitment initiative is also growing. T his summer, the program will include nearly 180 interns from college campuses across the U.S. Internships, in turn, feed our management training programs. In 2002, our store and corporate...

  • Page 13
    ... at 37.2%. T his growth has been driven by a combination of increases in comparable store sales and the contribution from our new stores. Another important financial measure is return on investment. We set a goal of achieving a 20% return Since o ur Initial Public Offering in 1992, Ko hl's has beco...

  • Page 14
    ... 87 187 469 52 263 23.7 % $ 106 141 445 95 207 n/ a Comparable store sales growth Net sales per selling square foot Gross margin (percentage of net sales) SG& A (percentage of net sales) Stores open at year end Market price (c): High Low 6.8 % $ 283 34.3 % 20.4 % 382 $72.24 42.00 9.0 % $ 281 34...

  • Page 15
    ... ers Kohl's Corporation N56 W17000 Ridgewood Drive Menomonee Falls, Wisconsin 53051-5660 (262) 703-7000 Website: www.kohls.com Transfer Agent and Regist rar T he Bank of New York Shareholder Relations Dept. 11-E P.O. Box 11258 Church Street Station New York, New York 10286 (800) 524-4458 Annual Meet...

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