Are Department Stores Next For Amazon?
✉️ Want to forward this article? Click here.
Grocery stores don't seem to have been enough for Amazon, as the online behemoth now has its eyes set on department stores.
The Wall Street Journal reported Thursday that the company plans to open several department-like stores in the future. The first outposts will open in Ohio and California and will be about 30,000 square feet in size, much smaller than the typical department store and in line with the size of the Amazon Fresh grocery stores.
story continues below
loading...story continues above
"It is unclear what brands Amazon will offer in the stores, although the company’s private-label goods are expected to feature prominently," sources told The Journal. "Amazon approached some U.S. apparel brands roughly two years ago with the idea of opening large-scale stores that would showcase their products."
No word on when the new stores will open and if any are on the horizon for the DC region.
Similar Posts:
- Amazon Fresh Makes It Official in Friendship Heights, Opens Its Doors in Logan Circle
- DC's Mazza Gallerie Mall To Be Redeveloped Into a Residential and Retail Development
See other articles related to: amazon, amazon department stores
This article originally published at https://dc.urbanturf.com/articles/blog/are-department-stores-next-for-amazon/18627.
Most Popular... This Week • Last 30 Days • Ever
In this edition of First-Timer Primer, we look at the ins and outs of the 203k loan.... read »
The largest residential conversion planned in the neighborhood is continuing to move ... read »
Plans for the large new residential project are looking to get started again after mo... read »
The residential pipeline in Adams Morgan has slowed in recent years, and now there ar... read »
The Wall Street Journal is reporting that Jeff Skoll has purchased two homes on nine ... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro