For years traditional retailers have been losing sales to On-line shopping with Amazon taking the biggest chunk of internet sales. Amazon is now threatening retailers again by opening up Bricks and Mortar retail outlets in select communities around the world.
According to Nick Winfield of the New York times Amazon’s current ambitions seem to be focused on Grocery Stores but the company is looking at opening retail stores for larger items like furniture, electronics and appliances. Retail outlets will also act as a hub for Amazon pickups and deliveries.
Read the full NY Times article at: Amazon Explores Retail Options