Kirkland's

Kirkland's
Public
Traded as NASDAQ: KIRK
S&P 600 Component
Industry Retail
Founded Jackson, Tennessee (1966 (1966))
Headquarters Brentwood, Tennessee, U.S.
Key people
 Mike Cairnes (interim CEO)
Revenue Increase US$ 594.33 million (2016)
Decrease US$ 11.05 million (2016)
Total assets Increase US$ 270.15 million (2016)
Number of employees
 7,900 (2017)
Website www.kirklands.com
Kirkland's store in Valdosta, Georgia

Kirkland's, Inc. is a United States retail chain that sells home decor, specializing in furnishings, accessories and gifts. Kirkland's, Inc. consists of more than 430 stores in 37 states and carries wall decor, textiles, lamps, furniture, artificial floral products and decorative accessories. It is based in Brentwood, TN.[1]

History

According to the company history, Kirkland's was founded by Carl Kirkland in 1966 in Jackson, Tennessee, when he began selling home accessories at low prices. As of September 2018, the chain has grown to 431 stores in 37 states.[2][3][4][5]

In September 2018, Kirkland's announced it had named Steve Woodward as the new CEO, replacing interim CEO, Mike Cairnes.[5]

Philanthropy

Each year, Kirkland's hosts events and special promotions in benefit of Camp Charley, a camp for critically ill children in Scottsville, Kentucky.[6] 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 CD in benefit of Habitat for Humanity.[7]

Restatement

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.[8]

References

  1. ↑ Kirkland's Inc. company profile, The New York Times, accessed 8 April 2012
  2. ↑ "History - Kirklands". Kirklands.com. Retrieved 24 April 2018.
  3. ↑ "About Us | Kirklands". Kirklands.com. Retrieved 2017-09-01.
  4. ↑ "Jackson, Tenn.-based retailer Kirkland's plans $144 million IPO | Nashville Post". Nashville Post. Retrieved 2018-02-28.
  5. 1 2 "Nashville public company names new CEO". www.bizjournals.com. Retrieved 2018-09-25.
  6. ↑ "News". Charleyfoundation.org. Retrieved 24 April 2018.
  7. ↑ "Community - Kirklands". Kirklands.com. Retrieved 24 April 2018.
  8. ↑ "Kirkland's profit falls, will restate some earns". Money.cnn.com. Retrieved 24 April 2018.
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