Starting in July, All Kohl's Stores Will Accept Amazon Returns

Justin Sullivan, Getty Images
Justin Sullivan, Getty Images

The only thing that can dilute the excitement of receiving a package from Amazon is the realization that you ordered the wrong item. Maybe it’s a shirt that doesn’t fit, or a gadget that didn’t meet expectations. Now it has to go back, which means printing out a return slip, boxing it back up, and either making a trip to the post office or waiting for a postal carrier to take it away.

Amazon's return policy is now getting a makeover. Beginning in July, all 1150 Kohl’s locations will be accepting returns for the online giant. The program is called Amazon Returns, and it’s free for the consumer. Items don’t need to be packaged. All you have to do is bring in your unwanted Amazon order and let them box it up. While it would seem like a massive inconvenience for Kohl’s, it’s actually part of a mutually beneficial strategy.

By inviting Amazon customers to walk into their stores, Kohl’s is increasing their foot traffic and setting themselves up for an opportunity to capture some additional revenue from people who might not have stopped in otherwise. It’s a smart approach for a brick-and-mortar retailer, a segment of commerce that has been dramatically impacted by the rise of online shopping and Amazon’s dominance in particular.

For Amazon, it likely means consolidating their shipping costs. Instead of retrieving returns from a number of addresses or drop-off locations, they’re able to bundle shipments from Kohl’s.

There are some caveats. If you bought a product from a third-party Amazon seller, it’s not eligible to be processed at a Kohl’s location. And you’ll still have to log on to your Amazon account to notify them you’ll be returning an item via a Kohl’s store.

Accepting Amazon returns may not be the only change you see in Kohl’s in the coming years. Some locations have partnered with Aldi and Planet Fitness to offer a more diverse array of services.

[h/t Gizmodo]

Looking to Downsize? You Can Buy a 5-Room DIY Cabin on Amazon for Less Than $33,000

Five rooms of one's own.
Five rooms of one's own.
Allwood/Amazon

If you’ve already mastered DIY houses for birds and dogs, maybe it’s time you built one for yourself.

As Simplemost reports, there are a number of house kits that you can order on Amazon, and the Allwood Avalon Cabin Kit is one of the quaintest—and, at $32,990, most affordable—options. The 540-square-foot structure has enough space for a kitchen, a bathroom, a bedroom, and a sitting room—and there’s an additional 218-square-foot loft with the potential to be the coziest reading nook of all time.

You can opt for three larger rooms if you're willing to skip the kitchen and bathroom.Allwood/Amazon

The construction process might not be a great idea for someone who’s never picked up a hammer, but you don’t need an architectural degree to tackle it. Step-by-step instructions and all materials are included, so it’s a little like a high-level IKEA project. According to the Amazon listing, it takes two adults about a week to complete. Since the Nordic wood walls are reinforced with steel rods, the house can withstand winds up to 120 mph, and you can pay an extra $1000 to upgrade from double-glass windows and doors to triple-glass for added fortification.

Sadly, the cool ceiling lamp is not included.Allwood/Amazon

Though everything you need for the shell of the house comes in the kit, you will need to purchase whatever goes inside it: toilet, shower, sink, stove, insulation, and all other furnishings. You can also customize the blueprint to fit your own plans for the space; maybe, for example, you’re going to use the house as a small event venue, and you’d rather have two or three large, airy rooms and no kitchen or bedroom.

Intrigued? Find out more here.

[h/t Simplemost]

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Living Near a Trader Joe's Can Increase the Value of Your Home—Here's Why

Trader Joe's can signal that local real estate values are high.
Trader Joe's can signal that local real estate values are high.
Joe Raedle/Getty Images

As real estate experts will tell you, the location of a residential property carries a lot of weight when it comes to its value. Proximity to schools, parks, and other homes selling for their market value are all positives. Apparently, so is having a Trader Joe’s nearby.

According to Reader’s Digest, the popular grocery chain—which is owned by discount grocery giant ALDI—can have an effect on property values. The data was compiled by ATTOM Data Solutions and looked at home sales from 2014 to 2019 across nearly 2000 zip codes. Homes that were near Trader Joe’s, Whole Foods, or ALDI were examined. Overall, homes that were situated close to a Trader Joe’s sold for an average of $608,305, more than those near a Whole Foods and almost three times as much as a home near an ALDI. The average return on investment (ROI) for a home near Trader Joe’s was 51 percent, or 14 percent more than the national average of 37 percent. The Joe’s-adjacent homes also held an average 37 percent equity, compared to 25 percent nationally.

You can view the complete infographic here:

Grocery store chains can be used to measure real estate values. ATTOM Data Solutions

For real estate investors, ALDI actually edged out other grocery chains, with homes near one of their locations seeing a 62 percent average gross flipping ROI and a 42 percent return on appreciation over five years.

Homebuyers may question whether the presence of a supermarket can influence home values, or whether it’s simply a matter of Trader Joe’s choosing locations in affluent neighborhoods with rising property values and deeming them a good prospect for the chain’s expansion. Either way, the store appears to be a signpost that you stand a good chance of profiting from your property.

[h/t Reader’s Digest]