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03-02-2016, 03:39 PM
This isn't confirmed by Amazon, but likely things in the pipeline. I have a particular interest on retailing. Online and brick-and-mortar physical stores serve different segments of customer. They are complimenting, rather than replacing each other...
(not vested)
Amazon plans to open 300-400 bookstores, says mall company CEO
03 Feb 2016 07:32
[SAN FRANCISCO] Amazon.com Inc is planning to open hundreds of brick-and-mortar bookstores, the head of a major US mall operator said.
Such an expansion, which Amazon itself has not confirmed, would position the world's No. 1 online retailer as a competitor to booksellers such as Barnes & Noble Inc. At present, Amazon operates a single bookstore in its home city, Seattle. "You've got Amazon opening brick-and-mortar bookstores and their goal is to open, as I understand, 300 to 400 bookstores," Sandeep Mathrani, chief executive of General Growth Properties Inc, said on Tuesday.
...
REUTERS
Source: Business Times Breaking News
(not vested)
Amazon plans to open 300-400 bookstores, says mall company CEO
03 Feb 2016 07:32
[SAN FRANCISCO] Amazon.com Inc is planning to open hundreds of brick-and-mortar bookstores, the head of a major US mall operator said.
Such an expansion, which Amazon itself has not confirmed, would position the world's No. 1 online retailer as a competitor to booksellers such as Barnes & Noble Inc. At present, Amazon operates a single bookstore in its home city, Seattle. "You've got Amazon opening brick-and-mortar bookstores and their goal is to open, as I understand, 300 to 400 bookstores," Sandeep Mathrani, chief executive of General Growth Properties Inc, said on Tuesday.
...
REUTERS
Source: Business Times Breaking News
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