Not content with presiding over a growing empire of bookstores and grab-and-go mini-marts, online shopping behemoth Amazon is now reportedly planning to launch physical department stores.
As sources familiar with the move explained to The Wall Street Journal in a story published yesterday that has since sent shockwaves through the dying brick-and-mortar retail sector, the footprints of the department store-styled Amazon emporiums will be in the roughly 30,000-square-foot range. That’s far more compact than the embattled (and in some cases, defunct) shopping mall anchors that Seattle-headquartered Amazon has helped to decimate—Macy’s and its bankruptcy-surviving rival JC Penney among them—and more akin in size to a typical T.J. Maxx outpost. As
→ Continue reading at The Architect's Newspaper
