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52°
Monday, dec 30
Tag:
Brick-and-Mortar Retail
Business
Amazon Plans To Open Department Stores, But Not For Reason You Think, Report Says
After crushing brick-and-mortar retailers across the country, Amazon is now reportedly taking its shot at the department store game. The online retail giant, which currently manages a handful of small Amazon-branded stores, is looking to expand its offline shopping options is thinking bigger, with department store plans reportedly in the works. According to the Wall Street Journal, Amazon is looking to open locations smaller than traditional department stores, following the playbook set forth by Aldi and Trader Joe’s, with a heavy emphasis on private-label goods from Amazon. If the plan co…