Why Kohl's Corporation Shares Jumped Today
Shares of Kohl's Corporation (NYSE: KSS) have jumped Wednesday, up by 5% as of 12:20 p.m. EDT, after the company announced a retail partnership with Amazon.com (NASDAQ: AMZN) to sell smart home products.
The Amazon stores-within-a-store will focus on Amazon's line up of smart home products like the Echo and Echo Dot, but will also offer products like Fire TV and Fire tablets. The partnership will include 10 select Kohl's stores in the Los Angeles and Chicago areas starting next month.
Image source: Kohl's.
Source: Fool.com
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