Kohl's 2011 Annual Report Download - page 11

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Our typical lease has an initial term of 20-25 years and four to eight renewal options for consecutive five-
year extension terms. Substantially all of our leases provide for a minimum annual rent that is fixed or adjusts to
set levels during the lease term, including renewals. Approximately one-fourth of the leases provide for
additional rent based on a percentage of sales over designated levels.
The following tables summarize key information about our stores.
Number of Stores Selling Square
Footage
20112010
Net
Additions 2011
(In thousands)
Mid-Atlantic Region:
Delaware ................................................ 5 — 5 399
Maryland ................................................ 21 1 22 1,591
Pennsylvania ............................................. 46 1 47 3,389
Virginia ................................................. 27 2 29 2,122
West Virginia ............................................ 7 — 7 500
Total Mid-Atlantic ......................................... 106 4 110 8,001
Midwest Region:
Illinois .................................................. 62 2 64 4,832
Indiana .................................................. 37 1 38 2,749
Iowa .................................................... 14 1 15 996
Michigan ................................................ 45 — 45 3,347
Minnesota ............................................... 26 — 26 1,976
Nebraska ................................................ 7 — 7 479
North Dakota ............................................. 3 — 3 217
Ohio .................................................... 57 2 59 4,341
South Dakota ............................................. 2 1 3 244
Wisconsin ............................................... 39 1 40 2,894
Total Midwest ............................................ 292 8 300 22,075
Northeast Region:
Connecticut .............................................. 18 — 18 1,339
Maine ................................................... 5 — 5 388
Massachusetts ............................................ 21 2 23 1,788
New Hampshire ........................................... 9 — 9 640
New Jersey .............................................. 38 — 38 2,901
New York ............................................... 48 2 50 3,798
Rhode Island ............................................. 3 — 3 227
Vermont ................................................. 1 — 177
Total Northeast ........................................... 143 4 147 11,158
South Central Region:
Arkansas ................................................ 8 — 8 572
Kansas .................................................. 11 — 11 765
Louisiana ................................................ 6 — 6 421
Missouri ................................................. 24 — 24 1,770
Oklahoma ............................................... 9 1 10 720
Texas ................................................... 80 4 84 6,117
Total South Central ........................................ 138 5 143 10,365
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