Kohl's Company History Timeline

(3,882 Jobs)
1962

In September 1962, after building Kohl's Food Stores into the largest supermarket chain in the Milwaukee area, Kohl opened his first department store in Brookfield, Wisconsin.

The first Kohl’s department store opened in Brookfield, Wisconsin in 1962.

1972

In 1972, the British American Tobacco Company's United States retail division, Batus Inc., bought a controlling interest in Kohl's Corporation, which at the time operated 50 grocery stores, six department stores, three drug stores, and three liquor stores.

1979

Herb Kohl left the management in 1979, eventually becoming a United States Senator and owner of the Milwaukee Bucks.

1983

The grocery stores were sold to A&P in 1983, operating under the name Kohl's Food Store, and later Kohl's Food Emporium.

1986

A group of investors, led by the senior management, purchased the company in 1986.

1988

In 1988, the chain acquired 26 locations from the Chicago-based retailer MainStreet, gaining several stores in Chicago's suburbs, the Twin Cities, and Michigan.

1992

Kohl's completed its initial public offering on May 19, 1992 and began trading on the New York Stock Exchange under the symbol KSS.

When the company went public in 1992, there were 76 Kohl’s stores in the Midwest.

2001

Kohls.com launched in 2001, giving Kohl’s an online presence that has grown and evolved over the years.

2003

In February 2003, A&P put the Kohl's Food Stores up for sale, as part of an effort to reduce debt.

2006

To raise money to repurchase its stock and open new stores, Kohl's sold its credit card division in 2006 to J.P. Morgan Chase for $1.5 billion.

2009

Kohl's hired New York City advertising agency DeVito/Verdi in 2009 to strengthen the Kohl's brand via a series of national television, online, and social media campaigns.

2011

In 2011, Kohl's replaced Chase with Capital One as their private credit card processing partner for an undisclosed sum.

2012

Kohl's was awarded $62.5 million in tax credits from the Wisconsin Economic Development Corporation in 2012.

2013

Opened in April 2013, Kohl’s Digital Center in Milpitas, California puts Kohl’s in the fast-paced technology industry and in close proximity to key technology partners.

2015

Opened in June 2015, the Kohl’s Innovation Center houses collaborative space that brings our information technology, store planning, construction, and purchasing teams under one roof.

2019

For more information about Kohl's, see our 2019 Fact Book.

The Off/Aisle stores were ultimately closed in 2019.

In that year Kohl's entered into a partnership with Amazon, which included a program where select stores would accept Amazon returns; in 2019 it was expanded nationwide.

2020

On March 30, 2020, due to the spread of the COVID-19 pandemic, it was announced that all Kohl's stores nationwide would be closed indefinitely.

Founded
1962
Company Founded
Headquarters
Menomonee Falls, WI
Company Headquarter
Founders
Maxwell Kohl
Company Founders

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