Kohl’s Will Take Care of Your Amazon Returns for Free
If you can’t beat ‘em, you might as well join ‘em.
Kohl’s yesterday announced plans to bring its unique partnership with Amazon to a much larger scale. Beginning in July, shoppers will be able to take their unpackaged Amazon goods to one of 1,150 Kohl’s locations to be returned for free. Since getting customers in the door is half the battle, the hope is that shoppers will decide to peruse the aisles after making their free returns.
When the news was announced yesterday morning, Kohl's shares surged nearly 10 percent by afternoon trading, expanding on the 22 percent increase it saw in the last 12 months alone. These numbers also highlight our own findings from the 2019 Dealerscope Top 101 CE Retailers list; Kohl’s held the 81st spot in 2018 but jumped to No. 77 this year.