Maybe it's not the end of malls? https://money.yahoo.com/amazon-taking-over-empty-jc-penney-stores-means-the-end-of-the-mall-former-retail-ceo-155616339.html
Malls will change but shops will stay. Amazon bought wholefood and people still didn’t learn from It.
Learn what?
Hey Macy's come back and tell us what we missed learning
It is a way to make sure one day shipping. But not sure how expensive it will be
For hourly shipping.
Look at GSF sub same day business segment. 4-6 hour delivery for over 200,000 ASINs. 10 years ago everyone said 2 days was absurd, it’s now industry standard. I don’t order something online unless its nice furniture if it will take more than 3 days to get to me. Soon same day delivery will be standard in every major city when competitors are just now reaching 2 day delivery..
Every dollar I have is being invested in amazon
Have you heard of diversification?
I don’t wanna diversity
take over JC pennies and make it engineers’ office
Amazon has been doing this for years. They’re not the only ones. Online shopping has killed the mall but built huge demand for enormous fulfillment centers.
A cool idea would be to have pop up shops that let you examine the items then get delivery, perhaps instantly, from the warehouse at the end of the mall. (I don't work for any related part of Amazon, FYI)
That's Best Buy business model, show room for shelf fee instead of actual sales.
Didn’t amazon do something similar to this already? Weren’t they called the 5star stores or something like that?
Fast fulfillment? Maybe. Or maybe grabbing cheap real estate when retail is desperate and then sell when economy is up again
I believe when they said take over means leasing. I may be wrong
Being the cheapest lease is still a good deal.
so in the near future everyone will wear crappy Amazon Basic clothes because the only other option would be knock-off garments sold by shady third party sellers on the Amazon website
Amazon basics t shirts are good for around the house. Especially the newer ones. Older used to shrink
You know millennial are wearing sweat pants 247 before the pandemic even begins right?
they'll be able to say larger objects. like, say, bigger furniture.
The average person still doesn’t have the ability to get a couch or refrigerator home by themselves. Do they have a plan to beat wayfair?
Amazon will most probably will convert those malls to strategically fulfill orders for pickup. It is definitely not going to be how the malls are used to be.
Before COVID, all the malls were converting into sit down restaurants, grocery stores, and doctor offices. Now, they’ll effectively become expensive real estate warehouses. Wonder if they’ll continue selling gift cards.
Yeah true that I see apartment buildings being build in massive parking lot to increase the traffic