For Immediate Release                                            

 

Contact: Jessica McLeish

951.371.4558

Jessica@dmpublicrelations.com                                                                  

 

 

Location Management Services Signs Contract With Kohl’s Corporation

 

Kohl’s, the 32nd largest retailer in the country will use LMS to negotiate and manage state and local incentives

 

MISSION VIEJO, CALIFORNIA (September 07, 2005) — Location Management Services (LMS), a leading provider of world-class site selection, incentive negotiation and compliance management services, announced today that they have signed a multi-year contract with Kohl’s Corporation, one of the nation’s largest and most dynamic retailers.

 

As new potential sites are identified, LMS will work with Kohl’s to identify and negotiate available state, local and federal tax credits and incentives for job creation and investment.  These credits and incentives will help Kohl’s to lower the cost of establishing new stores and reduce long-term operating costs, thus benefiting Kohl’s shareholders and improving profitability.

 

“Every year, corporate America leaves behind billions in unclaimed incentives and tax credits, said Jim Renzas, Founder and Chief Executive Officer at Location Management Services. “We are pleased that Kohl’s has chosen to contract with Location Management Services, and we’re looking forward to assisting them with their development plans.”

 

Kohl’s, the 32nd largest retailer in the country, currently operates more than 670 stores nationwide, and plans to open 500 more stores within the next five years. By being awarded the contract, LMS becomes an integral part of the Kohl’s development team, assisting in the evaluation of potential sites for Kohl’s corporate facilities.

 

“LMS has made a long-term commitment to Kohl’s to manage the entire process of incentives and credit compliance.” Renzas said. “During our searches we will work as an extension of the Kohl’s real estate team, helping to identify potential benefits which may be available to the company and then making sure that the management systems are in place to harvest these benefits.”

 

Founded in 2002, Location Management Services is the leader in site selection and incentive negotiations for corporate America. The company offers site selection and incentive management services to ensure that the optimum location for new corporate facilities is selected and all available tax credits and incentive programs are fully realized.

 

 

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