Kohl’s has a lot of competition in the department stores category, with a total revenue of $19.974 billion in 2020. So if you’re looking to expand your business, you need to know the competition.
I’ll give you the scoop on the top 11 Kohl’s competitors in the United States, including the stores that sell the most similar items to the Kohl’s competitors, so continue reading on for the nitty-gritty info!
Kohl’s Competitors In 2022
The most expensive competitors of Kohl’s are Macy’s, JCPenney, Nordstrom, Bloomingdale’s, and Bed Bath & Beyond. These companies sell similar products, including clothing, bedding, furniture, shoes, and houseware. They also offer a range of services. Also, Gap, Ross, and Dillard’s compete with Kohl’s and have similar or lower prices. Finally, retailers like Target are a competitor to Kohl’s, although Target is much cheaper than Kohl’s on average.
Do you want know more about Kohl’s competitors and how many total retail stores are in the market? Then continue reading now! These are some of the top-selling retail chains, so learn all the facts now.
Macy’s has high-quality products in its department store and excellent customer service, so it’s in a league of its own when it comes to department stores.
In the United States, Macy’s, which is owned by the Federated Department Stores Corporation, has 789 stores, but it ships orders internationally to more than 200 countries, which contributed to Macy’s revenue in 2020 being $25.331 billion.
Nordstrom is a luxury department store with over 100 locations throughout the United States and Canada. Therefore, it’s a top competitor to Kohl’s for higher-end products that cater to people who are upper-class.
Nordstrom, a retailer of clothing, footwear and accessories.
Nordstrom Rack currently has a total of 248 locations. There are Nordstrom Rack stores in the Midwest, which sell closeout items from Nordstrom.
As for the future, Nordstrom’s expansion could increase the revenue by about $100 million over 10 years.
3. Bed Bath & Beyond
Bed Bath & Beyond carries similar items as Kohl’s and a lot more. For example, Bed Bath & Beyond carries mattresses, sofas, chairs, and more.
Currently, there are 758 Bed Bath & Beyond stores in the United States, which helped the business generate revenue in the last year of $9.23 billion.
The price is lower than Kohl’s, but you can find many more brands at Target. When you have a few items to buy, the price is better at Kohl’s.
The company is not in the retail space but has been in the eCommerce market, pushing its products to people through online stores.
5. TJ Maxx
TJ Maxx has a lot of locations in the U.S. and sells things like shoes, clothes, and toys. This is a discount store that is similar to Kohl’s.
In 2020, TJ Maxx’s revenue topped $41.717 billion. This was higher than Kohl’s yearly revenue.
Gap is a company that sells a variety of items for men, women, and children, including: jeans, t-shirts, jackets, and shoes.
For 2019, Gap reported net sales of ~$5 billion and ~600,000 workers, and Gap Inc reported $4.5 billion in net income, or $0.43 per share. The growth in annual profits was largely due to a lower tax rate that benefited its bottom line.
Kohl’s is a leading competitor to JCPenney because they sell similar products and you can find more deals at Kohl’s.
A great selection of items for women, including a wide variety of shoes, coats, and other clothing items, as well as jewelry, handbags, cosmetics, and more. For men, we have even more items, including: shirts, pants, coats, and more.
According to a report of JCPenny stores, it appears that their revenue has increased in 2020.
8. Ross Dress for Less
Ross Dress for Less was the best off-price retail store in the world, until Kohl’s came to take away that title.
A ton of different name-brand items, ranging from clothing to household supplies to even, even jewelry.
Ross still has a lot of growth left but it is now bigger than Kohl’s if you count together both the physical stores as well as online retailing.
Even though Dillard’s is a little more expensive than Kohl’s, the quality of the merchandise and the price is worth it because of the high customer satisfaction rates.
Dillard’s offers furniture and home-related products for the whole family at affordable prices.
If you’re seeking a good selection at some of the top furniture stores in the United States, come and visit us next.
In addition, Dillard’s had a total of $1.9 billion in revenue in Q4 and a store count
of more than 2,200 by the end of 2020.
10. Neiman Marcus
Neiman Marcus is a competitor of Kohl’s, a traditional department store, for designer clothing, handbags, beauty products, dresses, shoes, accessories, and so much more.
Furthermore, the company is trying to get out of bankruptcy and focus on the eCommerce market. They have just acquired Shutterfly, a eCommerce company. The other stores will continue operating as usual.
Macy’s and Bloomingdale’s are two of the big chains of department stores in the United States.
As well, you can take advantage of the convenient Bloomingdale’s shopping location in the Galleria.
There’s more information about Kohls on our site for more help. Also, here are some other posts to help you to figure out more about Kohl’s.
While Kohl’s is not the only home and apparel retailer left in North America, Kohl’s is the dominant player, as I’ve said before.
That was on top of this business news. The retail industry is becoming increasingly competitive. More people are shopping online, and the e-commerce market is still growing.
Â JcPenney, Walmart, and Kohl’s compete with each other more than any of them compete with each other. TJ Maxx and Target compete with Kohl’s, Walmart, and other retailers for product and profit.
Further, Target and TJ Maxx provide lower-priced products compared with Kohl’s but they are still quality items.
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