Kohl’S Cares Is The Retailer’S Corporate Giving Program

When examining competitive advantage, it is also important to consider the market and take into account the existing competition against larger firms.

This chain is one of the 20 largest retail stores in the United States. Kohl’s is also listed in Fortune 500 in 2012. This retail store has more than 1100 locations around the globe. It also has a strong reputation and distribution. Also, their revenue performance and financial stability is high. Kohl’s also offers most of the essential products like clothing, furniture and etc.

The competition between the wholesale club industry is pretty strong but is mostly dominated by the three main competitors which are: Costco, Sam’s club and BJ’s Wholesale club. These three wholesale clubs for the most part dominate the industry and take away customers from other retail stores because they can offer much lower prices, brand name items and a wide variety of items to purchase from them. When it comes to shares of warehouse sales, Costco had roughly 56 percent of sales, Sam’s club had 36 percent and BJ’s wholesale had a low 8 percent. Unlike most retail stores, these three display all of their items on pallets or their inexpensive shelving which provides them with low cost on décor, labor and advertising.

From its humble beginnings as a single store in 1962, Kohl’s has quickly become one of the nation’s largest retailers. Based and headquartered in Menomonee Falls, Wisconsin, Kohl 's is a family-focused, value-oriented, specialty department store offering quality exclusive and national brand merchandise to the customer in an environment that is convenient, friendly and exciting. Currently, Kohl 's operates stores and distribution centers in 49 states. Every year, we continue to build new stores and remodel existing locations to create an inspiring shopping experience. (Kohl’s Corporation, 2013, Press Room).

This report presents data describing the differences amongst the two department stores, their fundamental visions, and comparative statistics. Macy’s or Dillard’s: Differences amongst these competitors There are several aspects you can analyze from each department store. Major pieces do set each one apart from the other. Brand names carried by Macy’s and Dillard’s from an average shoppers point of view can go completely unnoticed unless price is involved. For trend shoppers brand names can either make or break a retail store. It can easily determine if he or she will walk to Macy’s or Dillard’s because they already know the store does or does not carry that brand. This is consistent with each department throughout both stores and

Macy’s competes with many different retailers because of how they are formatted. Current competitors include Kohl’s, JCPenny, Amazon, and Sears (Exhibit 2). The

The TJX Company have a big quantity of competitors, the biggest rivals are Burlington Coat Factory, GAP, and Ross Stores, Bed Bath & Beyond, Winners, Target, Kohl’s, Macy’s, and JCPenney, but are still other companies that are considered competitors to the TJX Companies. Those mentioned before are the most dangerous in the current market.

Kohl’s Corporation (Kohl’s) is the second largest specialty department store. It sells private la-bels, national brand items, footwear, accessories, beauty and home products. It even has many of their own labels. The company operates 1,162 department stores in 49 states of the U.S. It has a web site www.kohls.com where you can buy the same items they sell in the store or their online exclusives. It also operates a nationwide loyalty program called Yes2You rewards. Throughout the year it has promotions of percentages off and Kohl’s cash. Their headquarters is located in Milwaukee suburb of Menomonee Falls, Wisconsin.

Since its first public offering, Kohl’s Corporation has shown steady growth and strong profits and much of that is a result of exclusive and private brands, ability to embrace technological changes and carefully adjusting its business model to changing customer expectations.

I don’t have too many favorite stores anymore, now that I am a homeowner I don’t shop as much because I would rather keep my money for my home. However, that is why there is one main store, if I do go shopping, that is a definite go to. Kohl’s has been my store of interest for years, but now that I try to only shop when necessary, Kohl’s is the store I go to.

According to Carter, Target stores fall under the general category of department stores. Department stores have a very large range of products they offer such as food, clothing, jewelry, shoes, accessories, home appliances, home accessories, and furniture. Although Target is a major player in the department store industry today, the corporation has many top competitors as well; the main competitors are Sears Holdings Corporation, Macy’s Inc., Walmart Stores Inc., JCPenney Company, Inc., and Bed Bath and Beyond. The major functions of department stores such as these are selling clothing and accessories, toys and sporting equipment, and appliances and home furnishings. Home furnishings are the most important aspect concerning this research. One of the top listed products that is sold in this industry is furniture and household appliances.

These categories exist in various formats including supercenters, supermarkets, warehouse clubs, cash and carry, home improvement, specialty electronics, apparel stores, drug stores, convenience stores, and digital retail. Wal-Mart’s chief competitors consist of Target Corporation, Dollar General Corporation , Burlington Stores, Inc., BJ’s Wholesale Club, and Costco Wholesale Corporation. I chose Wal-Mart because they are simply an Industry leader. They provide a wide array of goods and services, and it doesn’t look like they’ll stop growing any time soon. The growth has been large, yet consistent in previous years.

The Target Corporation has risen in recent years to become a model of socially consciousness in the retail arena. It is truly a community-oriented organization. Since 1946, the company has followed a formal policy of giving 5% of all profits to local community organizations, charities and philanthropic causes (Target Annual Report, 2011). This amounts to nearly $4 million in weekly community support, complemented by several hundreds of thousands of hours of volunteer time by staff and team members.

In order to become more aware of the competitive nature of the retail environment, our group conducted a competitive analysis over three different retail stores. In order to see a difference between stores, we knew we would analyze one discount/mass store, one department store, and one specialty store. From there, we chose one classification of products to analyze: women’s cropped workout leggings. We then graded this classification of products on multiple topics including: presentation of product, service, depth of assortment, location of store, shopability of classification, promotion/marketing of product, price of products and product pricing, return policy, and website. For grading purposes, we assigned each topic a score from one to five,

I am employed at a company by the name of Stage Stores,Inc. This company consists of 885 stores in 40 different states(Hoover,2016). Hoover.com says that J.C. Penney Corporation,Inc, Sears,Roebuck and CO., and Ross,Inc continue to be Stage Stores’ top three competition in the retail industry.