2. Target 20082007 Millions Net sales62,88461,471 Gross Margin18,72729.8%18,54230.2% Inventory6,7806,254 GMROI2.76276%2.96296% Inventory turnover6.516.86 Asset turnover3.334.18 Return on assets19.0%23.5% Leverage1.24.94 Return on net worth23.4%22.1%

3. Kohl’s Corporation

4. Target 20082007 Number of stores1,5911,488 Sales per store40,000,000,00041,000,000,000 Square feet of retail area207,945192,064 Sales per square foot$302.41$320.05 Gross margin per sq foot$90.06$96.54 Inventory per square foot$32.60$32.56 Number of associates396,000352,000 Sales per associate159175 Sales by Product Category20082007 Consumable and Commodities37%34% Electronics, Entertainment, Sporting Goods22% Apparel and Accessories20%22% Home Furnishings and Décor21%22% Total100%

5. Kohl’s Corporation 20082007 Number of stores1,004929 Sales per store$16M$18M Square feet of retail area75,000,00070,000,000 Sales per square foot$218.52$235.34 Gross margin per sq foot$80.73$85.91 Inventory per square foot$37.32$40.80 Number of associates126,000125,000 Sales per associate$130,000$132,000 Women’s32%33% Men’s19% Home18% Children’s13% Accessories10%9% Footwear8%

6. Target Markets Examined Current stores Households: Householder 35 to 54 years; $75,000+/store Households: Total Supermarkets & other Grocery Stores Supermarket & other Grocery Stores Sales Sales per store Amarillo, TX MSA 1 33,08481,99840239,2665982 Houston, TX PMSA; Houston-- Galveston--Brazoria, TX CMSA 29 24,2761,463,9831,1087,083,2636393 Fort Wayne, IN MSA327,833192,27465367,5445655 El Paso, TX MSA423,534210,034126505,9924016 Birmingham, AL MSA438,402361,1072411,513,6796281 Hartford, CT MSA517,082457,4213231,990,5235996 Waco, TX MSA130,30478,92655305,2185549

7. Kohl's Households: Householder 35 to 54 years; $75,000+ Household Totals Women's Clothing Stores Women's Clothing Stores Sales Sales per store Ventura, CA PMSA; Los Angeles--Riverside-- Orange County, CA CMSA2556,071243,503292291,262997 Akron, OH PMSA; Cleveland--Akron, OH CMSA1535,689274,280346305,941884 Tacoma, WA PMSA; Seattle--Tacoma-- Bremerton, WA CMSA835,510260,897267226,450848 Allentown--Bethlehem--Easton, PA MSA1033,385247,3075855,991965 Gary, IN PMSA; Chicago--Gary--Kenosha, IL- -IN--WI CMSA2932,503236,3101177 1,205,89 61025 Harrisburg--Lebanon--Carlisle, PA MSA1131,788249,067162153,338947 Toledo, OH MSA1029,143243,5165048,150963 Little Rock--North Little Rock, AR MSA624,423230,9558176,202941 Sarasota--Bradenton, FL MSA1521,829262,62211695,979827 Youngstown--Warren, OH MSA1121,181234,5788969,755784 Scranton--Wilkes-Barre--Hazleton, PA MSA721,071252,7116048,584810

8. 1: 2580 Shearn St Houston, Tx 77007 1 mi. 7,408 25-34 (142) <$10,000 (166) No Children (123) Grade School (223)Cosmopolitan Urban Mix (1016) Lat: 29.7740 3 mi. 64,409 35-44 (121) $10-19 (125)<6 & 6-17 (92) College Grad (149) Urban High Society (841) Long: 95.38435 mi. 149,751 2: 4323 San Felipe Houston, Tx 77027 8 miles1 mi. 9,862 25-34 (154) $100+ (223) No Children (136) College Grad (257)Urban High Society (1,108) Lat: 29.7467 3 mi. 83,534 18-24 (112) $20-29 (100)<6 (88) Grade School (126)Striving Urban Melting Pot (419) Long: 95.45325 mi. 203,460 3: 8500 S Main St Houston, Tx 77025 9 miles1 mi. 12,030 25-34 (176) $100+ (174) No Children (126) College Grad (243)Urban High Society (1062) Lat: 29.6924 3 mi. 15,793 18-24 (144) $<10,000 (141) <6 (91) Grade School (121)Striving Suburban Mix (817) Long: 95.41845 mi. 168,884 4: 300 Meyerland Plaza Mall Houston, Tx 77096 4 miles1 mi. 7,739 25-34 (150) $100+ (235)<6 (125) College Grad (239)Urban High Society (908) Lat: 29.6884 3 mi. 74,628 45-54 (121) $20-29 (115)6-17 (108) Grade School (162)Suburban Aristocrats (797) Long: 95.4605 mi. 199,241 5: 8605 Westheimer Rd Houston, Tx 77063 9 miles1 mi. 14,024 25-34 (192) $20-29 (128) No Children (133) College Grad (199)Striving Urban Melting Pot (801) Lat: 29.7384 3 mi. 94,056 18-24 (145) $10-19 (117)<6 (117) Grade School (142)Cosmopolitan Urban Mix (568) Long: 95.51815 mi. 219,185 6: 10801 Westheimer Rd Houston, Tx 77042 11 miles1 mi. 13,400 25-34 (224) $40-49 (144) No Children (127) College Grad (167)Cosmopolitan Suburbs (1,066) Lat: 29.7357 3 mi. 82,802 18-24 (147) $30-39 (142)<6 (105) Grade School (126)Striving Urban Melting Pot (666) Long: 95.56885 mi. 199,467

9. Existing LocationsDistance*HouseholdsAgeIncomeChildrenEducationLifeStyle 1: 3768 Easton Nazareth Hwy Easton, PA 18045 1 mi. Lat: 40.7168953 mi. 14,06365+(121) $75K- $99K (143) 0 (104) High School Grad (120) Elite Country Manors (520) Long: 75.2826545 mi. 44,59835-44(107) $75K- $99K (125) 6-17 (104) High School Grad (120) Striving Small City Living (352) 2: 1200 US Hwy 22 Phillipsburg, NJ 088656.22 1 mi. 7,41765+(112) Under $10K (159) 0 (112) Some High School (136) Struggling Small City Mix (391) Lat: 40.6962633 mi. 29,25935-44(110) $10K-$19K (110) 0 (102) High School Grad (132) Striving Small City Living (536) Long: 75.1974035 mi. 43,25965+(109) $75K-$99K (115) 0 (102) High School Grad (128) Striving Small City Living (360) 3: 2010 Whitehall Mall Whitehall, PA 1805212.00 1 mi. 6,01465+(118) $50K-$74K (124) 0 (116) High School Grad (120) Affluent Suburbs (597) Lat: 40.6355033 mi. 45,75018-24(116) $20K-$29K (136) 0 (107) Some High School (139) Striving Urban Melting Pot (589) Long: 75.4856585 mi. 86,82065+(121) $10K-$19K (128) 0 (109) High School Grad (127) Striving Urban Melting Pot (427) 4: 200 N. West End Blvd. Quakertown, PA 1895117.23 1 mi. 2,06335-44 (119) $50K-$74K (126) < 6 & 6-17 (146) High School Grad (139) Midscale Minipolitan (1437) Lat: 40.4485983 mi. 11,41135-44 (111) $75K- $99K (139) < 6 & 6-17 (116) High School Grad (141) Midscale Fringe Towns (602) Long: 75.3615685 mi. 16,49045-54 (117) $75K- $99K (142) < 6 & 6-17 (114) High School Grad (138) Affluent Country Living (554) 5: 6900 Hamilton Blvd. Trexlertown, PA 1808719.44 1 mi. 75655-64 (170) $75K- $99K (203) 6-17 (150) College Graduate (147) Elite Country Manors (2604) Lat: 40.5522003 mi. 18,00555-64 (122)$100K+ (182)6-17 (114) College Graduate (157) Elite Country Manors (887) Long: 75.5926515 mi. 31,69355-64 (120)$100K+ (166)6-17 (106) College Graduate (154) Elite Country Manors (554) 6: Route 611 Bartonsville, PA 1832121.82 1 mi. 1,10845-54 (133) $30K-$39K (136) < 6 & 6-17 (166) Grade School (159) Midscale Working Towns (1546) Lat: 41.0091973 mi. 4,34245-54 (130) $40K-$49K (122) < 6 & 6-17 (142) High School Grad (126) Midscale Fringe Towns (1121) Long: 75.2863335 mi. 17,26145-54 (114)$75K- $99K (115) < 6 & 6-17 (115) High School Grad (120) Midscale Fringe Towns (833)

10. Houston-Galveston-Brazoria, Texas High Sales per Store Prosperous Age Group with young kids or with no children Education Level of Mostly College Grads Income Levels average out to be Middle Class

11. Bethlehem, Pennsylvania  35-44 predominant age group  “DINKS” (most households have 0 kids)  Midscale – Striving Communities  High Income $75,000+  Still a good target for women’s apparel – less children’s but that is only 13% of sales