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Amazon and Kohl's Just Got Even Closer


Amazon and Kohl's Just Got Even Closer

Earlier this month, Kohl's (NYSE: KSS) investors were encouraged by the department store chain's intriguing new partnership to sell smart-home products made by Amazon.com (NASDAQ: AMZN). But the two retail giants aren't done cozying up just yet. On Tuesday, Kohl's announced it will soon begin offering free returns for Amazon customers under a program aptly dubbed "Amazon Returns at Kohl's."

But don't gather your unwanted Amazon merchandise just yet; this is more a pilot program than anything else. It won't start until next month, and even then will be limited to "just" 82 Kohl's stores across Los Angeles and Chicago -- a relative sliver of its more than 1,100 stores in 49 states.

For the millions of people near those locations, however, it should be a pretty slick system. Just bring in your eligible Amazon return to the participating Kohl's store -- whether it's packaged for shipping or not -- and Kohl's will pack it, ship it, and return it to Amazon free of charge. Kohl's will also provide designated parking spots near each store entrance for customers utilizing the service.

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Source: Fool.com

Amazon.com Inc. Stock

€226.95
-1.330%
We can see a decrease in the price for Amazon.com Inc.. Compared to yesterday it has lost -€3.050 (-1.330%).
Currently there is a rather positive sentiment for Amazon.com Inc. with 204 Buy predictions and 7 Sell predictions.
With a target price of 258 € there is a slightly positive potential of 13.68% for Amazon.com Inc. compared to the current price of 226.95 €.
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