Customers have been telling us they want a bigger, better beauty experience: Kohl's CEO

CNBC's Lauren Thomas reports that Kohl's is partnering with Sephora in a 'bet on beauty.' Sephora will be opening mini shops in 850 Kohl's stores by 2023. With Kohl's CEO Michelle Gass, who says customers have been telling the retailer they wanted a better beauty experience, and Sephora Americas CEO Jean-Andre Rougeot, who says the partnership will be very complementary.