Kirkland's
 | |
 A Kirkland's store in Southern Park Mall Boardman, Ohio | |
| Kirkland's Home | |
| Company type | Public |
| Nasdaq: KIRK S&P 600 Component | |
| Industry | Retail |
| Founded | 1966 in Jackson, Tennessee, U.S. |
| Founders |
|
| Headquarters | Brentwood, Tennessee, U.S. |
Number of locations | 431 (2023) |
Key people | Amy Sullivan (CEO) |
| Revenue |  US$ 634.12 million (FY2018) |
 US$ 9.53 million (FY2018) | |
| US$ 5.3 million (FY2018) | |
| Total assets | US$ 299.2 million (FY2018) |
| Total equity | US$ 140.76 million (FY2018) |
Number of employees | 7,900 (2017) |
| Website | www.kirklands.com |
Kirkland's, Inc. is an American retail chain that sells home decor, furniture, textiles, accessories and gifts. It operates 431 stores in 35 states[1][needs update] as well as an e-commerce enabled website. It is based in Brentwood, TN.[2]
History[edit]
Kirkland's was founded by Carl Kirkland and Robert Kirkland in 1966 in Jackson, Tennessee, when they began selling home accessories at low prices. As of September 2018[needs update], the chain has grown to 431 stores in 37 states.[3][4][5][6]
In February 2024, Kirkland's announced it had named Amy Sullivan as the new CEO, replacing CEO, Steve Woodward. Co-founder Robert Kirkland was also the main funder for nationally acclaimed museum and fun park, Discovery Park of America, located in Union City, Tennessee.[6]
In October 2023, CreditRiskMonitor reported that Kirkland's was nearing a potential Chapter 11 bankruptcy filing.[7]
Philanthropy[edit]
Each year, Kirkland's hosts events and special promotions in benefit of Camp Charley, a camp for critically ill children in Scottsville, Kentucky.[8] Kirkland's past philanthropic projects also include participation in ABC's Extreme Makeover: Home Edition and the American Cancer Society Relay for Life, as well as promotion of a holiday-themed music CD in benefit of Habitat for Humanity.[9]
Restatement[edit]
On March 17, 2005, the company said quarterly profit fell, and it would restate prior period financial statements to reflect corrections to its lease-related accounting.[10]
References[edit]
- ^ 2021 Kirkland's Annual Report
- ^ Kirkland's Inc. company profile, The New York Times,
- ^ "History". Kirklands.com. Retrieved 29 November 2018.
- ^ "About Us". Kirklands.com. Retrieved 2017-09-01.
- ^ Alexei Smirnov (April 23, 2002). "Jackson, Tenn.-based retailer Kirkland's plans $144 million IPO". Nashville Post. Retrieved 2018-02-28.
- ^ a b Eric Snyder (September 25, 2018). "Nashville public company names new CEO". Nashville Business Journal. Retrieved 2018-09-25.
- ^ "11 retailers at risk of bankruptcy in 2023". Retail Dive. October 2, 2023. Retrieved October 3, 2023.
- ^ "News". Charleyfoundation.org. Retrieved 24 April 2018.
- ^ "Community - Kirklands". Kirklands.com. Retrieved 24 April 2018.
- ^ "Kirkland's profit falls, will restate some earns". Money.cnn.com. Retrieved 24 April 2018.