Will Amazon save Kohls from Oblivion?

Taking Amazon returns would only help Kohl’s if it is the only store in town doing so.

If the arrangement increases Kohl’s foot traffic, every other retailer in town will run to Jeff Bezos’ office to ink a similar deal. People will be able to return Amazon merchandise at Kroger (NYSE: KR), Whole Foods (NASDAQ: WFM), Walgreens (NASDAQ: WBA), Best Buy (NYSE: BBY), Safeway, Costco Wholesale (NASDAQ: COST), Office Depot (NASDAQ: ODP), Publix, CVS Health (NYSE: CVS) and possibly 7-Eleven.

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Can Kohl’s survive the Holidays?

This brings us to the important question of who is right about Kohl’s, bears worried about the revenues; or bulls who only see the 50¢ dividend paid on December 5? Something investors need to remember is that both bulls and bears are animals with notoriously bad eyesight.

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