Amazon Department Stores?
Next up for Amazon…physical retail stores.
According to the Wall Street Journal, Amazon is planning to open department stores in the near future.
The company has already opened brick-and-mortar book stores, grocery stores, and cashier-less convenience stores in recent years.
Sources say some of the first Amazon department stores are expected to be in California and Ohio with locations about the size of a Kohl’s or T.J. Maxx.
The Wall Street Journal reports the stores will help Amazon sell more clothing and tech products.
Read more HERE because The Wall Street Journal has a paywall.
Amazon aims to open department store-style locations around the US that will help the e-commerce giant grow sales in categories including fashion and home goods – https://t.co/ZXe4wQ8oPL pic.twitter.com/BMj6merTtz
— Nareit (@REITs_Nareit) August 19, 2021