Kohl’s Opening 31 Stores



Discount chain Kohl’s Corp. announced it will be opening 31 new stores this year, the company said in a statement.

Company officials did not respond to inquires from JCK as to the location of those stores.

The company currently has 1,097 stores in 49 states, compared with 1,067 stores at the
same time last year. During the first half of the year, Kohl’s opened nine
stores and remodeled 85.

The company announced profit for the second quarter ended July 30 rose 17 percent to $303 million, compared with $260 million from the year before.

The retailer also announced Aug. 10 that its board of
directors had elected John E. Schlifske as a new member.

He was elected to a single term that will expire at Kohl’s 2012 annual
shareholders meeting and will be eligible for reelection by Kohl’s
shareholders at that time. He will initially serve on the board of directors’
governance and nominating committee.

Schlifske is currently chairman and chief executive officer
of Northwestern Mutual.

“John is a great addition to our board,” said Kevin Mansell,
Kohl’s chairman, president, and CEO, in a statement. “His
extensive financial management experience and proven track record as a leader
of a major corporation will be valuable assets to Kohl’s as we continue to
focus on executing our strategy and growing our market share.”

Schlifske is also director of the Russell Investment
Company. He serves on the boards of Children’s Hospital of Wisconsin, Froedtert
Health, a regional health care organization, and the Metropolitan Milwaukee
Association of Commerce. He is also a member of the Greater Milwaukee
Committee.