Retail News

Kohl’s CEO says she’s not concerned about Amazon department stores

CNBC 08/25/2021

Kohl’s CEO Michelle Gass isn’t concerned about the recent news that Amazon.com may be considering opening its own department store-like concept. Kohl’s has served as a destination for Amazon.com returns, a relationship that both parties claim to be beneficial. “Amazon … they’re always experimenting. They’re innovating,” said Ms. Gass. “And so we’ll see, but I don’t think it changes our partnership. And candidly we were kind of competing with them before on their online business.”

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