Rumored Amazon department stores won’t ruin relationship


Kohl’s Chief Executive Officer Michelle Gass

Source: Kohl’s

Kohl’s Chief Executive Michelle Gass said there is plenty of room for the retailer and for Amazon to operate brick-and-mortar stores, despite the two already working together through Kohl’s locations.

“Retail is vast, and there’s a lot of market to be had,” Gass told CNBC’s Courtney Reagan Tuesday afternoon, during a CNBC Evolve livestream event. “We always have to be raising the bar.”

Gass’ comments come after a report in The Wall Street Journal said that Amazon is planning to open large locations that resemble department stores, marking the e-commerce giant’s latest experiment with brick-and-mortar retail. The stores are…


0 0 votes
Article Rating

Oil firms cut U.S. Gulf of Mexico output by 91% ahead of Hurricane Ida

Previous article

Starbucks’ new apple crisp macchiato joins pumpkin spice latte on the fall menu

Next article

You may also like

Notify of
Inline Feedbacks
View all comments

More in Retail