kohls corp (KSS*) Snapshot

Kohl's Department Stores has announced plans to open a new customer service operations center in Dallas. Expected to open in late spring 2014, the two-building, three-story, 240,000-square-foot facility located at 17655/17657 Waterview Parkway will support the continued growth of the company's Kohl's Charge program, as well as Kohls.com, which reached $1.4 billion in sales last year following three consecutive years of more than 40% annual growth.

Kohl's Corp. shoppers generally know to wait for a sale before buying something they want. But one California resident is claiming that Kohl's sales aren't always sales at all. Antonio Hinojos is suing the Menomonee Falls-based company on a claim of false advertising. The person reported that he bought luggage that was advertised at 50% off and polo shirts that were advertised at 39% off because he thought he was getting a good deal, but now he reports the original prices were phony. The lawsuit initially was dismissed by a lower court, but an appeals court ruled last week that the suit can move forward.

On May 20, 2013, Kohl's Corp. announced John Worthington resigned from his position as Chief Administrative Officer effective as of June 30, 2013.