Wednesday, February 03, 2016

Amazon Plans to Open as Many as 400 Bookstores, Mall CEO Says - Bloomberg Business

Perhaps coming soon to a mall near you; later in the article: "'This is a consumer electronics store housed in bookstore clothing,' said Michael Pachter, an analyst at Wedbush Securities Inc. in Los Angeles."

"Amazon.com Inc., the world’s biggest online retailer, plans to open from 300 to 400 bookstores, according to Sandeep Mathrani, chief executive officer of General Growth Properties Inc., which owns and operates shopping malls.
Mathrani revealed Amazon’s plan in response to questions about mall traffic during a conference call Tuesday to discuss General Growth’s earnings."
Amazon Plans to Open as Many as 400 Bookstores, Mall CEO Says - Bloomberg Business
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