In recent years, Kohls has been one of the most recognizable names in retail. However, there has been a lot of speculation about the company’s future, including rumors that it was bought by Amazon. In this article, we will look at what happened to Kohls and if it is now part of Amazon.
What Happened to Kohls?
Kohls has been struggling financially in recent years. The company has seen declining sales and profits, and it has been forced to close some of its stores. Additionally, the company has faced increased competition from online retailers such as Amazon. As a result, Kohls has been looking for ways to stay competitive and remain profitable.
Is Kohls Part of Amazon Now?
Despite rumors that Amazon had purchased Kohls, the company has not been bought by Amazon. Kohls is still an independent company and is not owned by Amazon. However, the two companies have formed a partnership that allows Kohls customers to purchase items from Amazon in-store. This partnership has allowed Kohls to stay competitive and remain profitable.
Kohls has faced some difficult times in recent years, but it is still an independent company. Despite rumors that it was bought by Amazon, Kohls has instead formed a partnership with the online retailer. This partnership has allowed Kohls to stay competitive and remain profitable.