Kirkland's

Kirkland's, Inc. is an American retail chain that sells home decor, furniture, textiles, accessories and gifts. It operates 329 stores in 35 states[1] as well as an e-commerce enabled website. It is based in Brentwood, Tennessee.[2]

This article is about the U.S. retailer. For the private label grocery brand, see Costco. For other uses, see Kirkland (disambiguation).
Kirkland's, Inc.
Kirkland's Home
Company typePublic
Nasdaq: KIRK
S&P 600 Component
IndustryRetail
Founded1966 (1966), in Jackson, Tennessee, U.S.
Founders
  • Carl Kirkland
  • Robert Kirkland
HeadquartersBrentwood, Tennessee, U.S.
Number of locations
329 (2023)
Key people
Amy Sullivan (CEO)
Revenue US$ 468.7 million (FY2023)
US[$ 24.4] million (FY2023)
US$ (8.4) million (FY2023)
Total assets US$ 250.6 million (FY2023)
Total equity US$ 140.76 million (FY2018)
Number of employees
6,000 (2023)
Websitewww.kirklands.com

History

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 June 2024, the chain has grown to 329 stores in 35 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

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

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
  1. 2021 Kirkland's Annual Report
  2. Kirkland's Inc. company profile, The New York Times,
  3. "History". Kirklands.com. Retrieved 29 November 2018.
  4. "About Us". Kirklands.com. Retrieved 2017-09-01.
  5. Alexei Smirnov (April 23, 2002). "Jackson, Tenn.-based retailer Kirkland's plans $144 million IPO". Nashville Post. Retrieved 2018-02-28.
  6. Eric Snyder (September 25, 2018). "Nashville public company names new CEO". Nashville Business Journal. Retrieved 2018-09-25.
  7. "11 retailers at risk of bankruptcy in 2023". Retail Dive. October 2, 2023. Retrieved October 3, 2023.
  8. "News". Charleyfoundation.org. Retrieved 24 April 2018.
  9. "Community - Kirklands". Kirklands.com. Retrieved 24 April 2018.
  10. "Kirkland's profit falls, will restate some earns". Money.cnn.com. Retrieved 24 April 2018.
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