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