Sunday, April 28, 2019 3:42:52 PM
The news that AMZN returns will now be accepted at all Khol's stores nationwide resulted in a spike of 12% in the retailers stock price last Tuesday.
"We are thrilled to bring Amazon Returns at Kohl's to all of our stores across the country," said CEO Michelle Gass. "Amazon and Kohl's have a shared passion in providing outstanding customer service, and this unique partnership combines Kohl's strong nationwide store footprint and omnichannel capabilities with Amazon's reach and customer loyalty."
"This new service is another example of how Kohl's is delivering innovation to drive traffic to our stores and bring more relevance to our customers," she added.
It is a win win for both companies, for Amazon, the deal allows customers to easily return unwanted items. For Kohl's, the arrangement brings in lots of foot traffic that are likely to make a purchase while in store.
We see another attempt at breaking the $80 barrier resulting in a major uptrend to $90.
Recent KSS News
- Kohl's Donates $5 Million to Alliance for a Healthier Generation to Improve Family Health & Wellness Nationwide • Business Wire • 04/09/2024 12:00:00 PM
- Kohl’s Unveils New Approach to Home, Delivering a New and Expanded Assortment of Stylish and Affordable Home and Seasonal Decor • Business Wire • 03/19/2024 12:00:00 PM
- Fossil Group, Inc. Announces Leadership Changes • GlobeNewswire Inc. • 03/13/2024 08:05:00 PM
- Global Markets Await U.S. Inflation Report: Mixed Movements in Pre-Market Trading • IH Market News • 03/12/2024 11:22:57 AM
- Kohl’s and WHP Global Announce New Strategic Partnership for Babies“R”Us • Business Wire • 03/12/2024 11:01:00 AM
- Kohl's Reports Fourth Quarter and Full Year Fiscal 2023 Financial Results • Business Wire • 03/12/2024 11:00:00 AM
- Kohl's Named by Ethisphere as One of the 2024 World’s Most Ethical Companies® • Business Wire • 03/04/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/28/2024 09:20:09 PM
- Kohl’s Declares Quarterly Dividend • Business Wire • 02/28/2024 09:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 09:19:24 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/08/2024 08:19:11 PM
- Kohl’s Donates $1.5 Million to Hunger Task Force, Marking 15 Years of Feeding Milwaukee Families Together • Business Wire • 02/08/2024 01:00:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/22/2024 07:03:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/17/2024 09:27:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/17/2024 09:24:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/22/2023 10:09:20 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/22/2023 09:53:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/22/2023 09:50:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/22/2023 09:46:09 PM
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