Kohl’s Confirms Receipt of Expressions of Interest

FY2022 fourth quarter service performance scores covering July 1 through Aug. 12 included: *First-Class Mail: 93.0 percent of First-Class Mail delivered on time against the USPS service standard, consistent with performance from the fiscal third quarter. *Marketing Mail: 94.3 percent of Marketing Mail delivered on time against the USPS service standard, consistent with performance from the fiscal third quarter. *Periodicals: 86.5 percent of Periodicals delivered on time against the USPS service standard, consistent with performance from the fiscal third quarter.

The Postal Regulatory Commission (PRC) issued its Annual Compliance Determination (ACD), a mandated assessment of the U.S. Postal Service’s compliance with pricing and service performance requirements in fiscal year 2017 (FY 2017). While the Commission acknowledges some areas of improvement, it identifies several compliance issues related to workshare discounts, noncompensatory Market Dominant products, Competitive products, service performance, and continued cost and service problems with flat-shaped mail (flats). Workshare Discounts: The Commission identified 42 workshare discounts with compliance issues. Out of the 42, 20 of the discounts did not comply with section 3622(e). No action by the Commission was required for 7 of the 20 workshare discounts because price changes aligned the discounts with avoided costs or the Postal Service eliminated the discount. Thirteen workshare discounts remained out of compliance prompting the Commission to direct the Postal Service to either align workshare discounts with avoided costs in the next Market Dominant price adjustment or specify an applicable statutory exception. Click Read More below for additional information.

Kohl’s is proud to receive the 2021 ENERGY STAR Partner of the Year Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy. This year marks the 10th consecutive year that the EPA has recognized Kohl’s with the Sustained Excellence award, the highest honor bestowed by the ENERGY STAR program and selection from a network of thousands of ENERGY STAR partners. “Kohl’s has been a longtime partner of the EPA on our journey to continually implement the best practices available in energy efficiency across our store network and facilities to reduce our carbon footprint and do our part to fight climate change,” said Steve Thomas, Kohl’s chief risk and compliance officer. “This recognition is a tangible way to show our associates, our customers, our communities and our business partners the work that our teams do ‘behind-the-scenes’ to operate our business efficiently and conscientiously.”