Kohl's Corporation (KSS) To Dedicate Big Store Footage To Amazon Products & Services
Sep 08 2017
Most recently, Martindale served as CEO of Rite Aid Stores and president of Rite Aid Corporation, where he was instrumental in leading the rollout of a new store format and an expansion of the company's loyalty program.
Stores that are part of the partnership will have a 1,000-square-foot area staffed by Amazon employees, Kohl's said.
Kohl's said Wednesday that it will open Amazon shops in 10 of its department stores that will sell Amazon Echos, Fire tablets and other gadgets. Kohl's did not identify which of its stores would contain the new sections. "They always say you should keep your enemies closer". Kohl's is scheduled to release earnings figures on November 10.
At Kohl's locations, customers can also schedule an Amazon expert to come to their home and install these devices.
"Teaming up with Kohl's provides an incredible opportunity to pair world-class customer and shopping experiences". The new store-in-store concept, called the Amazon Smart Home Experience, will get underway next month. The broader department-store industry is finding it hard to maintain sales, in the face of competition from online stores like Amazon. Kohl's, Macy's and Dillard's all reported a drop in a key sales figure last month for their latest quarters. Shares were above 5 percent early morning.
The move is part of Amazon's bid to occupy space offline as well as the e-commerce world. Amazon announced in June that they would take over Whole Foods.
Add Kohl's to the list of brick-and-mortar retailers signing deals with Amazon. For starters, it can latch onto your smart home setup, allowing you to control different aspects of your devices using the power of your voice.