Amazon plans to open department stores in US

Amazon plans to open department stores in US

Aug 23, 2021

398 Views

0 comments

Amazon plans to open physical stores in the US that will function as department stores according to a report from The Wall Street Journal. The tech company will extend its reach of services like clothing, electronics, and household items. This latest move by the company to expand into bricks-and-mortar retail came right after it crossed Walmart in overall sales to become the largest retail seller in the world outside China. 

Some of the first stores are expected to open in Ohio and California with retail spaces around 30,000 sq ft- smaller than most department stores. The report indicates that the stores would also carry products from well-known consumer brands.

Source: Reuters.

Previous days news

Comments

    Article
    Hiring Secrets of The Most Successful Companies

    A successful company not only has growing revenues, but it also boasts of a brilliant workforce. Ma ...

    Tips for Staffing Agencies to Create a Competitive Advantage

    Today, it is a $174 Billion industry and one of the leading B2B businesses in the US. Whenever HR p ...

    These Companies Are On Holiday Hiring Spree-Are You Ready?

    The current unemployment rate in the US stands at 6.7%, which is almost double the rate in February ...

    Why Work With Staffing Agencies To Hire Your Temporary Workers

    Recruitment is getting more challenging day by day. Layers of complexities have emerged with the pa ...

    Show more news