When I was in high school and later college in Virginia in the 70’s, I started to get into horseracing. I was earlier introduced to the sport and to the concept of betting on horses while watching television every year and the Running of the Roses, the Kentucky Derby. My interest brought me to the [...]
Entries Tagged as 'Writings'
On Horse Racing and Racehorses.
May 10th, 2008 · 1 Comment
Buying Tickets in the Free World
January 28th, 2008 · No Comments
In a few short days, several friends (to include two former bosses that I worked with over 25 years ago!) will be visiting us in Phoenix for Super Bowl weekend. We have tickets and reservations to several events, but haven’t scored entry to the Big Game. Yet.
Which brings me to a topic I’ve been meaning [...]
Article on Kohl’s Book in Milwaukee Journal Sentinel
January 21st, 2008 · No Comments
While it was nice to get some press taking note of the self-publishing of my book “The Rise & Stall of Kohl’s Department Stores”, there are couple points of clarification and corrections regarding this morning’s article:1. ETR Group did own Christmas.com, but I sold it in late 2006;2. The genesis of trying to [...]
Table Of Contents - The Rise & Stall of Kohl’s Department Stores
December 1st, 2007 · No Comments
Note: Today I have accomplished what I had been hoping to finish for the past 6 years - ‘publish’ my book about Kohl’s Department Stores! The book has been ‘posted’ these past couple of weeks as I have edited and updated, chapter by chapter. The table of contents will be a part of [...]
Acknowledgements
December 1st, 2007 · No Comments
The pages that follow are the result of my personal experiences over primarily a six year period while I was a senior executive with Kohl’s, as well as the accounting of a dozen or so other executives I had the privilege of working with. While I was directly involved in almost all of the entries [...]
Chapter Fourteen - The Last Few Years
December 1st, 2007 · 1 Comment
Retailing is never easy. But boy, when I look back these past 25 years, it sure was easier “back in the day” than it is today!
The challenges facing the young man or woman just coming into the industry in the early 21st century are daunting indeed. Consider that actual retail space in [...]
Chapter 10 - Wall Street’s Early Love Affair
December 1st, 2007 · No Comments
Since its initial public offering in 1992, Kohl’s has grown at a compounded annual rate of over 20%, making it one of the fastest growing retailers in the past 15 years.
And even with the dismal performance of the stock in the last several years, it has been one of the best performing retailing stocks [...]
Chapter Thirteen - What Lies Ahead
November 30th, 2007 · 1 Comment
With unprecedented success and speed, Kohl’s Department Stores over the last 15 years has established itself as a dominant, high growth national department store. The combined value proposition of providing the customer with value and convenience has allowed the company to enter new markets, often when the naysayers were predicting doom and gloom. [...]
Chapter Twelve - Watch Out If You Miss
November 30th, 2007 · No Comments
Wednesday, October 9, 2002, was a most unusual day for the company.
That morning, Kohl’s announced a comp store sales decline. That in and of itself, while unusual, was certainly not unheard of. Often weather-related or tied to shifts in the advertising calendar, the best way to judge how things were going was to [...]
Chapter Eleven - It’s Made A Lot of People Rich
November 30th, 2007 · No Comments
It’s pretty clear that virtually anyone who was either involved at the senior level or who had invested in Kohl’s Department Stores during the period of the leveraged buyout in 1986 until the last stock split in 2000 did well financially. The success of Kohl’s has made a lot of people rich.
For [...]
