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]

How Much Are You Spending on Streaming Services? This Handy Calculator Can Tell You

LightFieldStudios/iStock via Getty Images
LightFieldStudios/iStock via Getty Images

With the recent debut of both Disney+ and Apple TV+, not to mention upcoming launches for HBO Max, NBC’s Peacock, and more, streaming services are officially coming for cable television’s throne—and might sneakily empty your bank account while they're at it.

While a monthly fee of $10 to $15 seems easy enough to justify if you’re willing to sacrifice a burrito bowl or fancy cocktail once a month, the little voice in the back of your head is probably whispering, “but it still adds up.” To find out just how much, MarketWatch created a calculator that will not only tell you how much you’re spending on streaming services every month; it’ll also add up the lifetime cost of all those entertainment expenses.

The calculator covers Netflix, CBS All Access, Hulu, Amazon Prime, Sling TV, Disney+, Apple TV+, and YouTube TV, and it also includes a whole host of add-ons that you might not even have realized were available. Through Amazon Prime, for example, you can subscribe to HBO, Showtime, and other premium channels—but there are also more niche options like Hallmark Movies Now and NickHits (with iCarly, The Fairly OddParents, and other Nickelodeon classics).

As you check off services and add-ons, you’ll see your monthly bill on the right side of the total box, and the lifetime cost—which accounts for 50 years of streaming, adjusted for inflation—will balloon before your eyes on the left side. Below that, there’s an even larger number labeled as the lifetime “true” cost, which estimates how much you would’ve made if you had invested that money instead.

For example: If you sign up for basic monthly subscriptions to Netflix and Disney+ for $9 and $7, respectively, your lifetime cost totals around $16,200. However, if you had opted to invest that money, the 50-year prediction sees you walking away with almost $74,000.

Having said that, it’s understandably hard to look that far into the future, especially when Disney+ is tempting you with the Lizzie McGuire series, Star Wars spinoff The Mandalorian, and practically every beloved animated Disney movie from your childhood.

[h/t MarketWatch]

Everything You Need to Know About Budgets

Mental Floss via YouTube
Mental Floss via YouTube

Blustery days are finally replacing balmy ones, and that means the holidays are almost here. From booking Thanksgiving airline tickets to buying heartfelt holiday gifts, it’s easy to find yourself a little short on both time and money. In other words: ’tis the season for budgets.

In the latest episode of Scatterbrained, presented by Discover, Mental Floss editor-in-chief Erin McCarthy and friends will walk you through some tips and tricks to help you make a budget—and stick to it.

In addition to learning how to break down your paychecks into categories and knock out your to-do list efficiently, you’ll also delve into the history behind budgets—which didn’t always relate to financial planning. (When William Shakespeare used the word budget in The Winter’s Tale, for example, he was referring to a small purse.)

Find out more—including the surprising thing you have in common with squirrels—in the full video below.

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