ACCT504 Week 7 Complete Course Project JCP Kohls

Question: #9300

ACCT504 Week 7 Course Project JCP Kohls Kohl's Corporation is an American deparment store chain headquartered in the Milwakee suburb of Menomenee Falls Wisconsin operating as of September 2011, 1,089 stores in 49 states. In 1998, it entered the S&P500 list, and is also listed in the Fortune 500 (#135 in 2010). The chain was the 20th-largest retailer in the United states in 2011 in terms of revenue. Kohl's is the 4th largest US department store by sales, below JC penny, and above Nordstorm. Maxwell Kohl, who had previously operated traditional grocery stores, built his first supermarkeet in 1946, the first in what would become a southeastern Wiscosin chain known as Kohl's Food Stores. In 1962, he started his first department store, Kohl's Department Store, in Brookfield Wisconsin. He positioned Kohl's between the higher-end department stores and the discounters, selling everything from candy to engine oil to sporting equipment. J. C. Penney Company, Inc., known as JCPenney (stylized as JCP and penney) and formerly known as Penney's, is a chain of American mid-range department stores based in Plano, Texas. The company operates 1,107 department stores in all 50 U.S states and Puerto Rico, and previously operated a catalog business and several discount outlets. In addition to selling conventional merchandise, JCPenney stores often house several leased departments such as Sephora, Seattle best Coffee operation centers,portrait , and jewelry repair. Most JCPenney stores are located in subarbhan. Before 1966, most of its stores were located in downtown areas. As shopping malls became more popular in the latter half of the 20th century, JCPenney followed the trend by relocating and developing stores to anchor the malls. In more recent years, the chain has continued to follow consumer traffic, echoing the retailing trend of opening some standalone stores, including some next door to competitors. Certain stores are located in power centers. The company has been an Internet retailer since 1998. It has streamlined its catalog and distribution while undergoing renovation improvements at store level. In 1962, J. C. Penney entered discount merchandising with the acquisition of General Merchandise Company which gave them The treasure stores. These discount operations proved unsuccessful and were shuttered in 1981. In 1963, J. C. Penney issued its first catalog. The company operated in-store catalog desks in eight states. The catalogs were distributed by the Milwaukee Catalog distribution center.

Solution: #9337

ACCT504 Week 7 Complete Course Project JCP Kohls

A+ Please look at the attach...