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Kohl's Corp. Message Board

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  • rwcva rwcva May 30, 1998 8:45 AM Flag

    going down?

    Very nice stores in the large planned
    communities.
    They have sites along major commuting routes

    adjacent to large new communities.
    I have not bought
    the stock...seriously thinking about
    it....the
    department stores here are very upscale...
    KOHL's
    addresses the basics and current trends at
    very
    attractive prices just right for growing
    families.
    District of Columbia does not have room for a Kohls to

    operate with convenient parking. Also for all
    practical
    purposes D.C. is a retail ghost town after 6pm and on

    Sundays. The retail growth is in the western
    suburbs
    sweeping around in a semi circle from Woodbridge, Va
    to
    the southwest, thru Fairfax and Loudoun counties to
    the west,
    and into Frederick and Montgomery
    counties of Maryland to
    the northwest.
    I hope
    Kohl's does well here, a very high household
    income
    approx $50 to $75K

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    • I was at the annual meeting last week. Most of
      the info they presented was in the fiscal year end
      booklet stockholders are sent. But they did annouce that
      they would be opening 40-45 new stores in the next two
      years and that they would be going more
      national.

      They also mentioned they were in negotiations to
      determine the locations of these. It sound like maybe they
      were looking at buying other established stores and
      converting to KSS. They did that with some of the Eastern
      states stores last yr.

      Does anyone have any info
      on this?

      Earnings were great, sales were
      great, some of the associates had minor concerns related
      to their own stores, but overall KSS still rolling.
      Assuming they can handle that type of expansion without
      lossing there edge their sales and profits should
      increase in next few yrs as much or more than in past. As
      peter lynch would say this could be a 100 bagger.

 
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