Kohl’s Unveils New Approach to Home, Delivering a New and Expanded Assortment of Stylish and Affordable Home and Seasonal Decor
19 Março 2024 - 9:00AM
Business Wire
- Kohl’s expands home assortment by 40% to offer newness in
select categories, such as wall art, botanicals, lighting, pet,
storage, ceramics, seasonal decor, and more
- New home launch builds on Kohl’s strategy to become a
destination for home goods, sees strong initial customer response
to new assortment
Today, Kohl’s (NYSE: KSS) unveils its new approach to home – a
strategy designed to deliver customers a fresh and expanded
selection of stylish home and seasonal decor, all at affordable
prices. The significantly expanded assortment, available now both
in-store and online, offers customers an inspiring and
discover-worthy curation of home and seasonal products in new
categories and styles for every home.
“We’ve been making meaningful changes to reposition and expand
our home offerings over the past year and are excited to unveil
Kohl’s new assortment of on-trend and affordable home products to
customers nationwide,” said Nick Jones, Kohl’s chief merchandising
and digital officer. “As part of Kohl’s broader strategy to drive
growth, we identified a real opportunity in home, and we’ve been
thoughtfully building the category to position ourselves as a
destination for home goods. We’re incredibly encouraged by initial
customer response to our home decor assortment, and we see Kohl’s
becoming a more formidable player in the home business.”
A Home Assortment, Reimagined
To create a meaningful transformation of its home business,
Kohl’s expanded select categories in its assortment by 40%,
offering newness in areas including wall art, glassware and ceramic
home decor, barware, botanicals, lighting and more.
- A Curated Assortment of Unique Home Goods: Kohl’s new
home collection will feature a curated mix of unique decorative
home products in new-to-Kohl’s categories, such as wall art,
botanicals, storage, pet, lighting, frames, glass, and ceramics.
The assortment is focused on approachable style and
affordability.
- Strengthened Everyday Essentials: Kohl’s home assortment
maintains some of its key programs that customers have loved, such
as bedding and bath, but has elevated the assortment to include
more modern aesthetics and frequent pattern and color injections to
offer a constant stream of style-forward options for customers'
evolving preferences.
- A Seasonal Decor Destination: Kohl’s new home strategy
is also positioning the company to be a year-round destination for
everyday occasions and seasonal holidays. It will deliver 60%
newness in home and holiday decor seasonally to keep customers
coming back to refresh their homes for each holiday.
Rediscovering Home at Kohl’s
Kohl’s has created an elevated and expanded in-store and digital
home experience, making it easier for customers to find something
new and exciting for their home every time they shop. To
re-introduce its home offerings to customers, Kohl’s is engaging in
a multi-channel marketing approach including immersive digital
activations that are rooted in inspiration and experimentation,
partnerships with home design experts, a live pop-up experience in
New York City, and more.
“We know the way consumers shop for home goods is centered
around inspiration, and we have a unique opportunity to
re-introduce current customers and invite new customers to think of
Kohl’s when looking for inspiration for their home,” said Christie
Raymond, Kohl’s chief marketing officer. “We’re prioritizing ways
to connect, drive awareness and engage with home shoppers to
enhance our credibility in the category, reinforce our compelling
value, and provide new ideas and solutions that spark creativity
for customers, to ensure Kohl’s is a top-of-mind destination for
home decor.”
For more information and to see some of Kohl’s exciting new home
product, visit our stores nationwide and Kohls.com/home.
Cautionary Statement Regarding Forward-Looking
Information
This press release contains “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of
1995. Words such as “believes,” “anticipates,” “plans,” “may,”
“intends,” “will,” “should,” “expects" and similar expressions are
intended to identify forward-looking statements. Forward-looking
statements are based on management’s then current views and
assumptions and, as a result, are subject to certain risks and
uncertainties, which could cause the Company’s actual results to
differ materially from those projected. These risks and
uncertainties include, but are not limited to, risks described more
fully in Item 1A in the Company’s Annual Report on Form 10-K, which
are expressly incorporated herein by reference, and other factors
as may periodically be described in the Company’s filings with the
SEC. Forward-looking statements relate to the date initially made,
and Kohl’s undertakes no obligation to update them.
About Kohl’s
Kohl’s (NYSE: KSS) is a leading omnichannel retailer built on a
foundation that combines great brands, incredible value and
convenience for our customers. Kohl's serves millions of families
in our more than 1,100 stores in 49 states, online at Kohls.com,
and through our Kohl's App. For a list of store locations or to
shop online, visit Kohls.com. For more information about Kohl’s
impact on the community or how to join our winning team, visit
Corporate.Kohls.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240319791534/en/
Jackie Judkins, (262) 309-2474, jacquelyn.judkins@kohls.com
Kohls (NYSE:KSS)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Kohls (NYSE:KSS)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024