kohls retail

33
expect great things Presented by: Shantanu M.F Tech NIFT DELHI

description

hi, this is brief description of kohl's retailer(u.s.a)

Transcript of kohls retail

Page 1: kohls retail

expect great things

Presented by:

Shantanu

M.F Tech

NIFT DELHI

Page 2: kohls retail
Page 3: kohls retail

Corporate Inform

ation :

Corporate H

eadquarters

Koh

l's D

epar

tmen

t S

tore

s

N56

W17000 R

idgew

ood D

rive

Men

om

onee

Fal

ls, W

isco

nsi

n,

US

A W

I 53051

Ph

one:

(262)

703-7

000

Exchange/Symbol

Koh

l's C

orp

ora

tion c

om

mon s

tock

is

trad

ed o

n t

he

New

Yo

rk

Sto

ck E

xch

ange

under

the

Sto

ck E

xch

ange

under

the

sym

bol

KS

S.

Standard

& Poors

Koh

l's C

orp

ora

tion i

s an

S&

P F

ort

une

500 c

om

pan

y.

Independent Auditors

Ern

st &

Young L

LP

Mil

wau

kee

, Wis

consi

n

ww

w.K

ohls

Corp

ora

tion.c

om

Page 4: kohls retail

About Kohl’s…

…………………………

Type Public

(NY

SE

: K

SS

)

(htt

p:/

/ww

w.n

yse

.com

/ab

out/

list

ed/k

ss.h

tml)

)

Founded 1

962

Headquarters

Men

om

onee

Fal

ls, W

isco

nsi

n,

US

A

Industry R

etai

l

Products

Clo

thin

g, fo

otw

ear,

bed

din

g, fu

rnit

ure

, je

wel

ry, b

eauty

pro

du

cts,

ele

ctro

nic

s, a

nd h

ouse

war

es.

pro

du

cts,

ele

ctro

nic

s, a

nd h

ouse

war

es.

Based on 2007 reven

ue…

………

�K

ohl's

was

the

22nd

-lar

ges

t re

tail

er i

n t

he

Unit

ed S

tate

s.

�F

ifth

lar

ges

t dis

count

store

aft

er W

al-M

art,

Tar

get

, K

mar

t, a

nd

Big

Lots

.

Website http://www.kohls.com/

Page 5: kohls retail

About Kohl’s…

…………………………

To

be

the

lead

ing f

amil

y-f

ocu

sed, val

ue-

ori

ente

d, sp

ecia

lty

dep

artm

ent

store

off

erin

g q

ual

ity e

xcl

usi

ve

and n

atio

nal

bra

nd

mer

chan

dis

e to

the

cust

om

er i

n a

n e

nvir

onm

ent

that

is

con

ven

ien

t,

frie

nd

ly a

nd e

xci

ting.

Mission Statement:

Our

goal

is

to d

eliv

er a

GR

EA

T s

hopp

ing e

xp

erie

nce

to

ou

r

Cust

om

ers

on a

consi

sten

t b

asis

thro

ughout

the

cou

ntr

y a

t al

l

tim

es o

f th

e yea

r. E

ver

y C

ust

om

er,

Ever

y T

ime,

Ev

ery

Sto

re.

Page 6: kohls retail

Awards…

………

�“C

ust

om

er’s

Choic

e A

war

d”

for

exce

llen

ce i

n c

ust

om

er s

erv

ice

by t

he

Nat

ional

Ret

ail

Fed

erat

ion

�N

amed

one

of

the

top

50 “

Bes

t P

lace

s to

Lau

nch

a C

aree

r” b

y

Busi

nes

s W

eek m

agaz

ine

�R

anked

1st

in D

epar

tmen

t/D

isco

unt

Sto

re C

ust

om

er S

erv

ice

for

the

fift

h c

onse

cuti

ve

yea

r b

y A

mer

ican

Cust

om

er S

atis

fact

ion

In

dex

�R

anked

in t

op

10 o

n F

ort

une

Mag

azin

e’s

“Bes

t B

reak

away

�R

anked

in t

op

10 o

n F

ort

une

Mag

azin

e’s

“Bes

t B

reak

away

Bra

nds”

lis

t

�R

anked

1st

on E

PA's

Top

10 R

etai

l L

ist

�R

anked

14th

on N

atio

nal

Top

25 L

ist

of

Gre

en P

ow

er P

urc

has

ers

�R

anked

as

one

of

the

“Top

10 M

ost

Com

pet

itiv

e R

etai

lers

” b

y

Nat

ional

Ret

ail

Fed

erat

ion

Page 7: kohls retail

79 stores in 6 states

1992...

Details of store:

79 stores in 6 states

in 1992……

Page 8: kohls retail

1,022 Stores in 49 states as of April 2009

Page 9: kohls retail

History of Kohl’s…

………..

1962

Th

e st

ory

of

the

com

pan

y b

egan

in 1

962 w

hen

Max

Ko

hl

op

ened

the

firs

t K

ohl’

s D

epar

tmen

t S

tore

in B

rookfi

eld

, W

isco

nsi

n.

He

star

ted h

is c

aree

r w

ith a

sm

all

gro

cery

busi

nes

s th

at d

evel

op

ed i

nto

the

larg

est

sup

erm

arket

chai

n i

n t

he

Mil

wau

kee

are

a. T

hen

he

exp

anded

into

ret

ail,

cre

atin

g K

ohl’

s D

epar

tmen

t S

tore

s. H

e

po

siti

oned

Kohl’

s b

etw

een t

he

hig

her

-end d

epar

tmen

t st

ore

s an

d

po

siti

oned

Kohl’

s b

etw

een t

he

hig

her

-end d

epar

tmen

t st

ore

s an

d

the

dis

counte

rs, se

llin

g e

ver

yth

ing f

rom

can

dy t

o e

ng

ine

oil

to

sport

ing e

quip

men

t.

1988 –1992

Sal

es i

ncr

ease

d f

rom

$388 m

illi

on t

o $

1 b

illi

on.

From 1992 to 1999

Num

ber

of

store

s tr

iple

d t

o 2

59,

whil

e re

ven

ues

qu

adru

ple

d, fr

om

$1

.1 b

illi

on t

o $

4.6

bil

lion.

Page 10: kohls retail

2008

�In

troduce

d J

um

pin

g B

eans,

a n

ew c

hil

dre

n’s

pri

vat

e b

ran

d.

�G

old

Toe,

a n

atio

nal

hosi

ery b

rand

�E

xp

anded

the

Ell

e b

rand t

o a

ll s

tore

s nat

ionw

ide.

�la

unch

ed t

he

Bobb

y F

lay l

ine,

exp

ansi

on o

f o

ur

Fo

od

Net

work

rel

atio

nsh

ip

�L

aunch

ed F

ILA

Sp

ort

, a

coll

ecti

on o

f w

om

en’s

, m

en’s

and c

hil

dre

n’s

app

arel

, fo

otw

ear

and a

cces

sori

es.

2009

�F

irst

sto

re i

n A

lask

a, e

xp

andin

g o

ur

pre

sence

to

49

sta

tes.

and c

hil

dre

n’s

app

arel

, fo

otw

ear

and a

cces

sori

es.

�L

aunch

of

the

Dan

a B

uch

man

and H

ang T

en b

ran

ds.

�E

xcl

usi

ve

par

tner

ship

wit

h L

aure

n C

onra

d, fo

r

LC

Lau

ren C

onra

d, a

conte

mp

ora

ry l

ifes

tyle

bra

nd t

hat

wil

l la

unch

in t

he

wom

en's

dep

artm

ent

in a

pp

roxim

atel

y 3

00 K

ohl's

sto

res

Page 11: kohls retail

Merchandise Content

200

8 M

ER

CH

AN

DIS

E M

IX

Page 12: kohls retail

PRIVATE &

EXCLUSIV

E BRANDS

Private brands represent the absolute best value in our stores.

• Price –Private brands are competitively priced to meet or beat

• Price –Private brands are competitively priced to meet or beat

competition

• Quality –Private brands are:

o W

ell

mad

e an

d d

ura

ble

so c

an b

e w

orn

for

yea

rs t

o c

om

e

o V

ersa

tile

so c

an b

e use

d f

or

mult

iple

wea

ring o

ccas

ion

s

• Style –Private brands reflect the most current consumer and fashion

styles and t

rends

Page 13: kohls retail

Exclusive brands

• Consumer awareness and recognition -Before launch of any new

exclusive brand, marketing

dep

artm

ent

does

a s

ign

ific

ant

amo

un

t o

f

cust

om

er r

esea

rch t

o h

elp

& u

nder

stan

d t

he

awar

enes

s, a

ttri

bu

tes,

and s

tren

gth

of

each

bra

nd

• Strong equity –Exclusive brands have been developed with World

Class partners

like

Ver

a W

ang,

Ral

ph L

aure

n, Q

uic

ksi

lver

, an

d L

iz

Cla

iborn

e. T

his

equit

y f

acto

r is

a k

ey d

iffe

rence

in

Ko

hl’

s st

rate

gy

vs

com

pet

itors

. E

ach o

f th

e b

rands

are

auth

ori

ties

in t

hei

r cu

stom

er s

egm

ent.

For

exam

ple

:au

thori

ties

in t

hei

r cu

stom

er s

egm

ent.

For

exam

ple

:

o S

imp

ly V

era

Ver

a W

ang a

nd D

ana

Buch

man

for

Wo

men

s F

ash

ion

o H

ang 1

0 f

or

auth

enti

c su

rf a

nd C

alif

orn

ia L

ifes

tyle

o T

ony H

awk –

the

dom

inan

t sk

ate

per

sonal

ity

o F

ood N

etw

ork

–th

e kit

chen

auth

ori

ty

• Distinct marketing and in-store experience -Create a unique

space for each brand in m

arket

ing a

nd i

n-s

tore

exp

erie

nce

Page 14: kohls retail

WHAT’S NEW?

Different BRANDS

Page 15: kohls retail

Customers who

want more value

Department Stores

COMPETITIVE POSITION

Positioned To Serve Customers W

ho Shop Department Stores As

Well As Discount Stores

Customers who want better

name brands

Discounters

Kohl’s

Kohl’s

The Middle Market Customer

Page 16: kohls retail

•Female

•Family

•35-55 years of age

•Suburban

KOHL’S TARGET CUSTOMER

“The Soccer Mom”

“The Soccer Mom”

•Suburban

•Middle Income

•Time-crunched

Page 17: kohls retail

FORMULA FOR SUCCESS

•Brands

•Value

What strategies does Kohl’s execute better than

anyone else in the industry?

•Value

•Convenience

Page 18: kohls retail

2009 m

arketing goals are

:

�H

ighli

ght

the

var

ious

way

s in

whic

h

one

can save while

shopp

ing a

t K

ohl’

s.

�In

crea

se a

war

enes

s an

d u

nder

stan

din

g o

f

the Kohl’s charge ben

efits

the Kohl’s charge ben

efits

�L

ever

age

our exclusive brands

Page 19: kohls retail

�T

ake

cred

it f

or

our

lib

eral

, no-hassle

exchange policy

�M

ake

feel

good a

bout

shopp

ing a

t a

company that cares:

− K

ohl’

s C

ares

for

Kid

s® r

aise

d o

ver

$20

mil

lion i

n 2

008 a

nd $

126 m

illi

on s

ince

ince

pti

on

− 1

56

Hosp

ital

Par

tner

ship

s nat

ionw

ide

− K

ohl’

s K

ids

who C

are®

-2000 k

ids

− K

ohl’

s K

ids

who C

are®

-2000 k

ids

reco

gniz

ed f

or

thei

r co

mm

unit

y e

ffort

s

− O

ffic

ial

Ret

ail

Dep

artm

ent

Sto

re s

ponso

r of

US

Youth

Socc

er, su

pp

ort

ing 3

,000,0

00 k

ids

− A

-Tea

m –

64,0

00 a

ssoci

ates

volu

nte

ered

217

,000 h

ours

in 2

008

Page 20: kohls retail

Strategic initiatives taken by K

ohl’s

By d

eliv

erin

g v

alue,

insp

irin

g h

er,

resp

ecti

ng

her

tim

e an

d

del

iver

ing e

xci

ting m

erch

andis

e, K

ohl’

s b

uil

d a

rel

atio

nsh

ip

wit

h t

he

cust

om

er, gro

w l

oyal

ty, an

d w

in h

er a

s a

Ko

hl’

s

cust

om

er f

ore

ver

.

Page 21: kohls retail

Strategic Initiatives:

In-Store Experience

Convenience technology

A n

ew P

OS

syst

em w

as i

nst

alle

d i

n a

ll s

tore

s in

in 2

007. T

he

face

-to-f

ace

cust

om

er i

nte

ract

ion,

touch

scr

eens,

sig

nat

ure

cap

ture

s, c

ust

om

er d

isp

lay

and

oth

er f

eatu

res

are

imp

rovin

g t

ime-

in-l

ine

resu

ltin

g i

n a

moder

n,

effi

cien

t an

d i

mp

roved

cust

om

er e

xp

erie

nce

.cu

stom

er e

xp

erie

nce

.

Visual Enhancements

• N

ew b

rand l

aunch

es

• U

pdat

ed s

trik

epoin

ts

• W

ayfi

ndin

g a

nd d

irec

tional

sig

nag

e

Page 22: kohls retail

Innovation –Phase I &

II

•New

& u

pdat

ed e

xte

riors

•Im

pro

ved

ser

vic

e ar

eas

•S

pec

ialt

y f

ixtu

ring,i

ncl

udin

g h

om

e,

han

db

ags/

fash

ion a

cces

sori

es a

nd

inti

mat

e ap

par

el

•Up

dat

ed j

unio

rs a

rea

•Im

pro

ved

sig

htl

ines

in t

he

cente

r •I

mp

roved

sig

htl

ines

in t

he

cente

r

core

Rem

odel Program

• W

e re

model

ed 5

1 s

tore

s in

the

Sp

ring o

f 2009 a

nd 3

6 s

tore

s in

the

Sp

ring o

f 2008.

Page 23: kohls retail

Financial Overview……………

Page 24: kohls retail
Page 25: kohls retail

Contd……….

Page 26: kohls retail
Page 27: kohls retail

Green Initiatives by K

ohl’s…

………

Our Environmental Mission

To b

e a

lead

ing e

nvir

onm

enta

lly r

esp

onsi

ble

reta

iler

thro

ugh f

ocu

sed r

esourc

e st

ewar

dsh

ip

reta

iler

thro

ugh f

ocu

sed r

esourc

e st

ewar

dsh

ip

by o

ur

asso

ciat

es a

nd v

endors

.

Page 28: kohls retail

• R

anked

#1 i

n r

etai

l fo

r gre

en p

ow

er p

urc

has

es a

nd

#3

ov

eral

l in

th

e

Unit

ed S

tate

s

• O

pen

ed o

ur

firs

t 63 g

reen

sto

res

const

ruct

ed w

ith

ou

r L

EE

D

cert

ifie

d p

roto

typ

e, g

ivin

g u

s th

e m

ost

LE

ED

sto

res

in t

he

worl

d

• T

he

worl

d’s

lar

ges

t re

tail

sola

r p

ow

er h

ost

wit

h 6

7 a

ctiv

ated

so

lar

store

s

• E

arned

the

Ener

gy S

tar

lab

el f

or

ener

gy e

ffic

ien

cy i

n 2

18

sto

res,

th

e

2008 Top Accomplishments

• E

arned

the

Ener

gy S

tar

lab

el f

or

ener

gy e

ffic

ien

cy i

n 2

18

sto

res,

th

e

most

of

any r

etai

ler

• R

ecei

ved

the

EPA

Gre

en P

ow

er L

eader

ship

Aw

ard

fo

r O

nsi

te

Gen

erat

ion

• R

ecei

ved

the

EPA

Sm

artW

ay E

xce

llen

ce A

war

d f

or

Tra

nsp

ort

atio

n

Eff

icie

ncy

• L

aunch

ed t

he

ww

w.k

ohls

gre

ensc

ene.

com

web

site

to

sh

are

ou

r st

ory

wit

h o

ur

stak

ehold

ers

• S

old

over

500,0

00 r

eusa

ble

shopp

ing b

ags

at o

ur

sto

res

Page 29: kohls retail

Recycled Content Within O

ur Products

For

busi

nes

s op

erat

ions…

.

• G

ift

Boxes

: 100%

Rec

ycl

ed C

onte

nt

• R

estr

oom

Pap

ers:

100%

Rec

ycl

ed C

onte

nt

• M

erch

andis

e B

ags:

10-3

0%

Rec

ycl

ed C

onte

nt

• E

-Com

mer

ce S

hip

pin

g C

arto

ns:

30%

Rec

ycl

ed C

on

ten

t

• A

dv

erti

sing P

aper

: 20.5

% R

ecycl

ed C

onte

nt

• O

ffic

e S

upp

lies

: 12%

Rec

ycl

ed C

onte

nt

• O

ffic

e S

upp

lies

: 12%

Rec

ycl

ed C

onte

nt

Photo Studio

Op

ened

a M

ilw

aukee

, W

I P

hoto

Stu

dio

in e

arly

20

08

. T

his

is

the

firs

t b

uil

din

g t

hat

hav

e p

lanned

, des

igned

and c

on

stru

cted

usi

ng

th

e

U.S

. G

reen

Buil

din

g C

ounci

l's L

EE

D r

atin

g s

yst

em.

LE

ED

-cer

tifi

ed

buil

din

gs

conse

rve

nat

ura

l re

sourc

es, re

duce

op

erat

ing

co

sts

and

min

imiz

e th

e st

rain

on l

oca

l in

fras

tru

ctu

res.

Page 30: kohls retail

Mem

berships

• E

PA E

NE

RG

Y S

TA

R

• E

PA G

reen

Pow

er P

artn

ersh

ip

• E

PA W

aste

Wis

e

• E

PA S

mar

tWay

Tra

nsp

ort

Ship

per

• E

PA C

lim

ate

Lea

der

s

• U

nit

ed S

tate

s G

reen

Buil

din

g

• U

nit

ed S

tate

s G

reen

Buil

din

g

Counci

l

• B

usi

nes

s fo

r S

oci

al R

esp

onsi

bil

ity

• W

isco

nsi

n P

artn

ers

for

Cle

an A

ir

Page 31: kohls retail

Koh

l’s

revea

ls g

reat

val

ues

and e

xci

ting d

eals

for

tax

-fre

e sh

opp

ing

Com

pan

y a

nnounce

d t

he

op

enin

g o

f 11

new

sto

res

in A

lask

a.

Des

pit

e re

cess

ion, K

ohl's

exp

ands

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