Blog

Amazon Not To Open Brick And Motar Store

amazonstoreOver the weekend, news swirled that Amazon.com,  the largest marketplace in the world was in the process of secretly searching to create a few actual brick and motar stores in the UK.  The news broke by the British newspaper, The Sunday Times stated:

Property landlords said that the American company, which has a market value of $59.1 billion (£35.6 billion), had launched a secret search for bricks-and-mortar stores to support its rapidly growing website. It is understood to be scouring the country for high-profile sites just as the Borders book chain is shutting up shop.

It represents an extraordinary reversal from the dotcom boom, when there were fears that internet shopping would kill off the high street. It would also be the most high-profile move by a web-only retailer into stores.

After the article had surfaced, Amazon was quick on their feet and told Reuters that they have no plans to build any physical store anywhere in the world.  Reuters also said, “The Amazon spokesman declined to comment any further on the report, including whether it could partner with retailers, or its future plans.”

It is an interesting theory and something I’m sure many of us would like to see in the future.  Imagine being able to order something online and and a few hours driving over to the “Amazon Store” to pick it up.  Earlier this year Amazon announced, same day delivery throughout 7 US cities.

1 Comment

Post A Comment