So basically, Kohl's gets foot traffic and some purchases that they wouldn't have seen otherwise. Seems like a very smart and adaptive move on their part.
Seems like hardly worth the hassle but could be nice if that promotion lasts.
Now my wife on the other hand, will usually end up just with Kohls Cash and maybe 20% off, so it ends up fairly meh in the wash.
I might end up in Kohl’s again soon.
In the long term if Amazon decides it needs a lot of real-estate fairly quickly it could do worse than to buy a company with a lot of existing square footage it's already working with. This would probably deliver a win for Kohl's shareholders.
[1] https://www.inc.com/justin-bariso/amazon-was-killing-kohls-o...
Kohl's also has Amazon boutiques; they see both this and the returns as a way to drive floor traffic that they expect they can monetize.