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Amazon’s new store is its latest huge bet in defiance of the retail apocalypse (AMZN)





amazon 4 star 0393

  • Amazon opened its new Amazon 4-star store to the public on September 27.
  • It’s just one of several physical retail initiatives the e-commerce giant has undertaken recently.

Amazon has become synonymous with online shopping.

The e-commerce giant is now estimated to take about half of all online sales in the United States.

But Amazon cannot live online alone. The company is increasingly moving into the physical world, opening spaces in malls, shopping districts, and even local strip malls. It’s a move that signals the company’s ambitions are larger than e-commerce, combining its digital prowess with the convenience of physical retail.

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Source:: BusinessInsider.Com

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