Report
David Swartz
EUR 100.00 For Business Accounts Only

No-Moat Kohl's Expands Amazon Partnership; No Change to FVE

No-moat Kohl’s has announced an expansion of its returns program with wide-moat Amazon. Since 2017, Kohl’s has been testing a program in approximately 100 stores in three markets (Chicago, Milwaukee, and Los Angeles) in which consumers can return unpackaged Amazon-purchased products at Kohl’s stores. On April 23, Kohl’s announced that it will accept Amazon returns at all of its roughly 1,150 stores beginning in July. While Kohl’s did not provide any financial implications of the new program, it ...
Underlying
Kohl's Corporation

Kohl's operates department stores, a website (www.Kohls.com), FILA outlets, and Off-Aisle clearance centers. The company's Kohl's stores and website sell proprietary and national brand apparel, footwear, accessories, beauty and home products. The company's website includes merchandise that is available in its stores, as well as merchandise that is available only online. The company's portfolio includes private brands such as Apt. 9, Croft & Barrow, Jumping Beans, SO and Sonoma Goods for Life and exclusive brands that are developed and marketed through agreements with brands such as Food Network, LC Lauren Conrad, Elle and Simply Vera Vera Wang.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
David Swartz

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