Tuesday February 02, 2016

Amazon Plans To Open Up To 400 Bookstores?

Why in the world would Amazon open 400 book stores? Unless the plan all along was to drive book stores out of business so that years later it could open 400 brick and mortar book stores. confused

Amazon.com Inc plans to open up to 400 physical bookstores, an executive of a major U.S. mall operator said on Tuesday. Amazon dipped its toe into the waters of brick-and-mortar stores with the opening of a bookstore in its home city of Seattle in November. An expansion of bookstores, which the company has not confirmed, would be a surprise reversal from the online retailer credited with driving physical booksellers out of business.