Kohl's Corp was organized in 1988 as a Wisconsin corporation. The Company operates department stores that sell moderately priced exclusive and national brand apparel, footwear, accessories, beauty and home products. Its stores generally carry a consistent merchandise assortment with some differences attributable to regional preferences. Its website includes merchandise which is available in its stores, as well as merchandise which is available only on-line. The Company's private brands include Apt. 9, Croft & Barrow, Jumping Beans, SO and Sonoma Life + Style. Its exclusive brands include Food Network, Jennifer Lopez, Marc Anthony, Rock & Republic and Simply Vera Vera Wang. It purchases merchandise from numerous domestic and foreign suppliers. The Company's main competitors are traditional department stores, upscale mass merchandisers, off-price retailers, specialty stores, internet and catalog businesses and other forms of retail commerce. The name Kohl's is a registered service mark of one of its wholly-owned subsidiaries. The Company's operations are subject to federal, state or local laws, rules and regulations, any of which might change from time to time.