Physical Stores? Okay, We're In...Maybe - Amazon (AMZN)
Tweet
Share
E-mail
Get Alerts BKS Hot Sheet
Join SI Premium – FREE
"Because its working out well for Barnes & Noble (NYSE: BKS) and Best Buy (NYSE: BBY), why not try it out?" - Amazon.com
Well, Amazon didn't actually say that quote, but you know someone at the top of the world's largest e-tailer is thinking about it. According to reports out Monday, Amazon.com (Nasdaq: AMZN) might be mulling the idea of opening up brick-and-mortar stores, starting in Seattle. Forbes cites a tech blog, who cites a "source close to the information" on the news.
It makes sense, with Seattle being Amazon's headquarters and residents having nothing but the purest of love for the Company.
Reports have Amazon aiming to center the stores around it's Kindle e-reading devices and related books and accessories. Currently, retailers like Books-A-Million (Nasdaq: BAMM) and Barnes & Noble said they will not sell Amazon-published material.
From the goodereader.com report: "The company has already contracted the design through a shell company, which is not unusual for Amazon. When Amazon releases new products to the FCC it is always done through anonymous proxy companies to avoid disclosure to their competition on what they are working on. They are doing this for the actual first store layout and design, while modeling themselves after Apple (Nasdaq: AAPL)."
Amazon is indicated for a lower open Monday.
Well, Amazon didn't actually say that quote, but you know someone at the top of the world's largest e-tailer is thinking about it. According to reports out Monday, Amazon.com (Nasdaq: AMZN) might be mulling the idea of opening up brick-and-mortar stores, starting in Seattle. Forbes cites a tech blog, who cites a "source close to the information" on the news.
It makes sense, with Seattle being Amazon's headquarters and residents having nothing but the purest of love for the Company.
Reports have Amazon aiming to center the stores around it's Kindle e-reading devices and related books and accessories. Currently, retailers like Books-A-Million (Nasdaq: BAMM) and Barnes & Noble said they will not sell Amazon-published material.
From the goodereader.com report: "The company has already contracted the design through a shell company, which is not unusual for Amazon. When Amazon releases new products to the FCC it is always done through anonymous proxy companies to avoid disclosure to their competition on what they are working on. They are doing this for the actual first store layout and design, while modeling themselves after Apple (Nasdaq: AAPL)."
Amazon is indicated for a lower open Monday.
Create E-mail Alert Related Categories
Corporate News, Insiders' Blog, Retail SalesRelated Entities
KindleSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
