Sponsored By

Kohl’s Eyeing Food Retailers to Drive Traffic

Dept. store chain seeking 'well-capitalized' companies for potential alliances. The department store chain plans to partner with retailers, including convenience stores, to lease store space to them in an effort to drive foot traffic.

Jackson Lewis, Editor

January 1, 2018

1 Min Read
Supermarket News logo in a gray background | Supermarket News

Department store chain Kohl’s plans to partner with retailers, including convenience stores, to lease store space to them in an effort to drive foot traffic, according to multiple reports.

About 300 Kohl’s locations are left with unused space after the chain downsized select units. This leaves room for stores within stores, such as the recent Amazon pop-ups in some locations.

"If we had our preference, we are going first after well-capitalized companies, and preferably ones that have high traffic in grocery and convenience," CEO Kevin Mansell told CNBC at the ICR investment conference in Orlando. The Menomonee Falls, Wis.-based retailer would consider partnerships with competitors, he added, though not all of the roughly 300 downsized stores will necessarily lease space.

"It's not about Whole Foods, Aldi or anybody else. … We want a partner, ideally in food or convenience, to help drive traffic," said Mansell.

Additional details can be found on our sister Winsight Media brand, CSP.

About the Author

Jackson Lewis

Editor

Jackson Lewis is the technology and services editor for CSP. Jackson joined data research firm Technomic in 2016 as an analyst for the convenience and grocery sectors. He moved to write exclusively for CSP in early 2017 during Winsight Media’s acquisition of Technomic. Since then, Jackson has focused his reporting on sources of disruption for convenience retail. He was among the first in the industry to visit Amazon’s smart corner shop, Amazon Go, and serves as a speaker at c-store industry events. Email him at [email protected].

Stay up-to-date on the latest food retail news and trends
Subscribe to free eNewsletters from Supermarket News

You May Also Like