

Are Macy's or Kohl's Next on Amazon's Wish List?
(Seattle Business Magazine)
Reports Suggest that Amazon could be looking to acquire another major retailer.
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According to Barron’s, selling its own brand products inside Kohl’s stores could be part of a larger strategy in brick-and-mortar retail for Amazon:
Bernard Sosnick, who follows Kohl’s for MADISON GLOBAL PARTNERS, thinks Amazon is testing the merits of owning a retailer that can build private-label products to showcase Amazon devices and services. The holiday season will test the theory further, with a fuller answer emerging by mid- to late-2018, Sosnick says. If the partnership succeeds, he thinks Kohl’s will boost sales and even improve merchandise and marketing. Kohl’s has more than 1,100 stores in 49 states.
