Kohl's is an American department store retail chain, operated by Kohl's Corporation. As of February 2013 it is the largest department store chain in the United States, with 1,158 locations, operating stores in every U.S. state except Hawaii. The company was founded by Polish immigrant Maxwell Kohl, who opened a corner grocery store in Milwaukee, Wisconsin in 1927. It went on to become a successful chain in the local area, and in 1962 the company branched out by opening its first department store. Kohl's is headquartered in the Milwaukee suburb of Menomonee Falls, Wisconsin. It became the largest department store chain in the United States in May 2012, surpassing its biggest competitor J. C. Penney. The company is listed on both the S&P 500 (since 1998) and the Fortune 500. In terms of revenue, the chain was the 23rd-largest retailer in the United States in 2019. As of 2013, Kohl's was the second-largest U.S. department store company by retail sales.