The Kohl’s Corp. announced Tuesday that it would close its oldest distribution center in Menomonee Falls on Jan. 29, 2010.
The decision affects approximately 250 workers, according to Vicki Shamion, vice president of public relations for Kohl’s. The workers learned of the closing Tuesday morning.
Employees will be offered their identical jobs, at the same pay, at the company’s 10 other distribution centers around the country if they stay with the company through Jan. 29.
It looks like it’s a consolidation and reorganization for efficiency. Stinks for Wisconsin.
no, its not a shame. its your free market at work. plain and simple. it has no care about location. it doesn’t stink for wisconsin, it merely is great for the owners of the corporation. that is all that matters.
its your free market at work.
Since Wisconsin isn’t truly a free market, 6 out of 5 smart people think you’re an idiot.
Plain and simple, Wisconsin has become an enemy of business, and by association their workers. It’s not a shame that Kohl’s is leaving, it’s a shame that our elected representatives are bent on destroying our state.
Combined reporting is killing business in this state. HD will move in three years.
Forbes just released their annual survey of best states for business. Interesting that five out of the ten top states use combined reporting, and four out of the bottom ten do not. I know so many of you love hyperbole and exaggeration, but from a factual standpoint, combined reporting is just one element in a myriad of factors affecting business, and statistically, there’s no evidence that states without combined reporting do better than states with it. In fact, some small businesses actually fare better because of combined reporting since it serves to negate tax shelters employed by their larger competitors.
And hey, as long as we’re hanging this on politicians, let’s not forget to include Waukesha County’s stellar executive, Dan Vrakas - a guy who made his political career by riding on coattails and trying to hang out with the cool kids. Too bad he’s not around the legislature anymore, pushing his greekophile legislation with his buddies, Ted Kanavas and Leah Vukmir. Maybe it’s time to stop swapping recipes for spanakopita and actually do something productive for Waukesha County, like create some jobs or turn Scott Newcomer into a decent human being.
Here is the reason that Kohl’s is closing the Menomonee Falls distribution center.
The Menomonee Falls distribution center is the company’s oldest, having opened in 1981, Shamion said. It is more than 530,500 square feet and serves more than 80 stores in Wisconsin, Minnesota, Illinois, Michigan and Iowa. Those stores will be serviced by the Kohl’s distribution center in Ottawa, Ill.
Shamion said the decision to close the Menomonee Falls distribution center was difficult, but after an evaluation of the effectiveness of the entire distribution center network, the company (NYSE) KSS) determined that there was “no reasonable amount of investment that could be be made to the Menomonee Falls (distribution center) to allow for expanded capacity.
I know the area of Ottawa. I know it very well. I can guarantee the property taxes are much much lower.
With so many people like RS who say that the business climate does not need to change in WI we will continue to see companies leave in droves.
I won’t dispute that the property taxes are much lower in Ottawa but Kohl’s has said nothing about that being the reason for closing their distribution center.
How long before headquarters is moved out of Wisconsin?
RS,
There is more than one factor at work with regard to quality of a state for business.
Nice strawman.
Anon- nice try at pretending to be a conservative. Did you figure that since Owen did not fit your template, someone had to?
Sorry RS - no motorcycle competitors are going to spring up in WI because Harley moves out.
Kohls headquarters will leave the state within 2 years.
Jim,
What information are you basing you statement on?
Wisconsin needs a department dedicated to saving and growing businesses and jobs. Moving a distribution point is done because of cost and location. Wisconsin could meet these needs but again we are not in a position to work with the company.
The state needs to do this quickly because this exodus I believe is from not wanting to get stuck in a socialist state. At least that is what I would be thinking.
@Hello: I never said policies don’t need to change. I know many people need to conform those with whom they disagree to pre-existing stereotypes because the world is easier to see in black and white, but it won’t work with me.
To assert that combined reporting is singularly harmful is to deny the body of data out there that says it’s not. Like I said, combined reporting is a mixed bag. Its presence is largely beneficial to the multitude of small businesses who lack an out-of-state presence and a myriad of tax attorneys and accountants to help them shelter income. Those companies undeniably get a fairer playing field from combined reporting because it forces larger businesses to compete on the same terms.
What Wisconsin desperately needs is to get itself out of the business of goodie baskets for private industry, take that spending, and give it back to the business community in the form of lower corporate tax rates. Corporate taxes should be lower in Wisconsin - much lower - and part of the reason they’re not is because existing law is a virtual special interest grab bag of income tax credits, exemptions for certain types of business property, on and on and on. Your elected officials like it that way, because those favored businesses then cut them checks to help them get re-elected.
At the risk of sounding like Jack Lohman here, the whole problem comes back to politicians who whore themselves out to special interests because it’s the easiest way to raise the cash they need to keep their jobs.
RS
Not sure I have the right Jack Lohman here, but what does a Museum Design guru have to do with any of this?