After Kohl's, Will Sears Be Next to Accept Amazon Returns?
Kohl's (NYSE: KSS) and Amazon.com (NASDAQ: AMZN) are becoming surprisingly close.
The department store chain announced earlier this month that it would host ten Amazon "store-in-stores" at locations in the Los Angeles and Chicago areas. The shops will allow customers to try out Amazon devices like the Echo and Fire TV stick, and talk to Amazon salespeople about the company's products.
Less than two weeks later, Kohl's announced another step in its partnership with Amazon, saying that 82 stores also in the LA and Chicago areas would begin accepting Amazon returns. Kohl's employees will pack and ship the Amazon items at no charge to Kohl's customers.
Source: Fool.com
Amazon.com Inc. Stock
The stock is one of the favorites of our community with 155 Buy predictions and 1 Sell predictions.
As a result the target price of 191 € shows a slightly positive potential of 11.92% compared to the current price of 170.66 € for Amazon.com Inc..