The Kohl’s Corporation is an American department store retailing chain. The company’s first department store opened in September 1962. British American Tobacco Company took a controlling interest in the company in 1972, and in 1979, the Kohl family left the management of the company.
What is Kohl’s price adjustment?
Price adjustment, also known as price protection, refers to the retail sales policy that grants customers a partial refund of cash or credit when the price of a purchased item decreases in a given time frame. If your situation meets all these criteria, you could be eligible for a price adjustment: You bought the item on sale or at regular price. Within two weeks (14 days) of the purchase date, the price of the item was further reduced from the final price you paid. You have the original, dated sales receipt. The item is not a Clearance markdown. The item is not Kohl’s Cares cause merchandise. The item was not purchased as a Buy One, Get One (BOGO).The item is not a current Buy One, Get One (BOGO).
Price adjustments are not the same as item returns. When an item is returned, it typically must be unused and unopened to qualify for legitimate cash or credit return. Price adjustments are available regardless of whether an item has been used. The only caveat to this money-saving policy is that companies offering price adjustments don’t notify customers when prices drop, so the onus is on the customer to stay vigilant in order to receive any potential money back.
How will I know when Kohl’s prices drop?
Stores don’t let customers know when prices drop – even if it’s within the customer’s rights to receive a refund in accordance with their price adjustment policy. If smart shoppers want to ensure they don’t miss out on refunds for the items they buy, they have to meticulously track their every purchase, scour websites, and visit stores daily to catch price drops they can take advantage of. Clearly this is a lot of work, and shoppers are almost certain to miss out on savings. Fortunately, there’s a better way. Moolah tracks the purchases you make through your email, automatically collects your refund, and returns it to you if a price is adjusted. It’s your easiest money-back hack!