Kohl’s And Aldi Partner In A New Neighbor Experiment

Supercenters and hypermarkets are known for driving heavy foot traffic which is in short supply among many department stores and malls thanks to online shopping and subscription purchases.

Kohl’s, not typically located in shopping malls, has fared better than some in terms of foot traffic, but the department store chain is working to remain relevant in the changing retail sector. On the heels of partnering with Amazon to set up return centers in its stores during the recent holiday season, Kohl’s is now leasing space in some stores to discount grocer Aldi.

Kohl’s plans to carve out space in up to 10 of its stores – including a separate entrance – and lease that area to Aldi. Aldi’s average store is 20,000 square feet which equals about 23% of Kohl’s typical store size, according to Deborah Weinswig, founder of CoreSight Research.    MORE

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