Jones' new role will see him take on Kohl's merchandise strategy and functions, including buying, digital and omnichannel merchandising, product design and development, as well as product portfolio strategy.
He will join the retailer in March and report directly to Kohl's new CEO Tom Kingsbury.
The appointment comes close to nine months after Jones stepped down from his role of CEO at Joules, which on 1 December was bought out of administration by Next for £34m, in partnership with the brand's founder Tom Joule.
Jones spent three years at Joules, having joined the lifestyle and fashion retailer after eight years at Asda, where he was promoted to commercial director for George and GM in 2012. Prior to this, he worked at Marks & Spencer for 15 years.
Jones said: "I'm thrilled to be joining Kohl's and love the strategic focus for today's customers who are living a more casual and comfortable lifestyle.
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"I look forward to joining the team as we find fresh new ways to offer great products to our customers."
Kingsbury said: "We are very excited to have Nick join our team and lead our merchandising organization as we continue our focus on the active and casual lifestyle while also accelerating our focus on product newness and innovation.
"Nick has a tremendous wealth of experience in merchandising, retail, global sourcing, and business leadership. As we continue to build on our key national brands, enhance our proprietary product portfolio and drive newness for customers, we are confident that he is the right fit for our organization, our team and our customers."
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