Kirkland's

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. is an American retail chain that sells home decor, furniture, textiles, accessories and gifts. It operates 317 stores in 35 states^{[1][needs update]} as well as an e-commerce enabled website. It is based in Brentwood, Tennessee.^[2]

Kirkland's, Inc.

A Kirkland's store in Southern Park Mall Boardman, Ohio
Trade name	Kirkland's Home
Company type	Public
Traded as	Nasdaq: KIRK S&P 600 Component
Industry	Retail
Founded	1966; 59 years ago (1966), in Jackson, Tennessee, U.S.
Founders	Carl Kirkland Robert Kirkland
Headquarters	Brentwood, Tennessee, U.S.
Number of locations	314 (2025)
Key people	Amy Sullivan (CEO)
Revenue	US$ 468.7 million (FY2023)
Operating income	US[$ 24.4] million (FY2023)
Net income	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)
Website	www.kirklands.com

Kirkland's store in Valdosta, Georgia

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^{[needs update]}, the chain has grown to 314 stores in 35 states. Corporate Name Change

The Company plans to officially change its name to The Brand House Collective pending shareholder approval at the Company's upcoming annual meeting on July 24, 2025. In conjunction with its corporate name change, The Brand House Collective will change the Company's ticker symbol from "KIRK" to "TBHC," pending shareholder approval at the Company's upcoming annual meeting on July 24, 2025. Once effective, the "KIRK" trading symbol will no longer be active. No action is needed from the Company's current shareholders relative to the ticker symbol change. ^[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]

On June 26, 2024 at the annual meeting of Kirkland's shareholders, two long-time members of Kirkland's Board of Directors, R. Wilson Orr, III and Steven J. Collins, resigned after failing to receive majority support from voting shareholders. Amy Sullivan was elected and Ann Joyce was re-elected to the Board of Directors. Ann Joyce was named Chairman of The Board of Directors. The Board of Directors voted to reduce the size of The Board of Directors from 8 members down to 6 members.

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]