1. SCOOP Tom Slaski, Benefits Manager Brock Mitby, Manager of University Relations - Corporate Nicole Rosi, Merchandise Analyst, IU ‘03 September 23, 2004 Kohl’s Department Stores

2. AGENDA Kohl’s 1992 - Present Career Opportunities Why Kohl’s?

3. 79 stores in 6 states 1992...

4. 2004... 637 stores in 40 states 90,000 associates 2004 New Markets: Sacramento, San Diego & Fresno CA; Memphis, TN and Salt Lake City, UT

5. SALES $ Billions $10.3 Billion $1 Billion

6. SMART GROWTH

7. Customers who want more value Customers who want better name brands Department Stores Discounters Kohl’s The Middle Market Customer COMPETITIVE POSITION Positioned To Serve Customers Who Shop Department Stores As Well As Discount Stores

8. KOHL’S TARGET CUSTOMER

9. FORMULA FOR SUCCESS Brands Value Convenience What strategies does Kohl’s execute better than anyone else in the industry?

10. WHAT’S NEW? Continued Expansion New Store Prototypes New Brands and Categories New Systems

11. CAREER OPPORTUNITIES Merchandise Analyst Trainee Store Manager in Training

12. THE BUYING OFFICE

13. MERCHANDISE ANALYST RESPONSIBILITIES DRIVE SALES THROUGH: Merchandise Allocation Right Store, Right Time, Right Content Business Analysis Short & Long Term Planning and Trend Analysis New Store Openings Primary Driver of the New Store Process Merchandise Replenishment Maintain and Manage In-Stock Standards

14. STORE MANAGEMENT TEAM

15. STORE MANAGEMENT RESPONSIBILITIES  Customer Service  Retention of Associates  Management / Leadership Development  Freight Flow and Merchandising  Payroll and Sales - store profitability  Ad Set - pricing integrity and accuracy

16. INTERNSHIP PROGRAM 10 week summer internship 40 hours/week, paid Real responsibilities, Real impact Discovery / Focus Project Leads to full-time career opportunities

17. TRAINING & DEVELOPMENT 0 - 6 months “Core” 6 - 12 months “Advanced” 12 - 18 months “Growth” 18 - 24 months “Transitional”

18. INTERVIEWS Information Session Thursday, October 7, 4:00pm First Round Interviews Friday, October 8, CSO Final Interviews

19. WHY BECOME PART OF THE KOHL’S TEAM? ØA strong, financially stable company ØPositioned to drive market share ØCompany growth leads to career opportunity ØBig responsibilities in a short amount of time ØContinuous training and executive development ØPower to be creative and advance the business

20. Going Places… Are You Ready? For internship or full-time opportunities contact: Brock Mitby, Manager of University Relations brock.mitby@kohls.com