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Amazon to open 300-400 brick and mortar bookstores
Posted on 2/3/16 at 9:13 am
Posted on 2/3/16 at 9:13 am
Posted on 2/3/16 at 9:15 am to OnTheBrink
Honestly, I love book stores. If Blockbuster were still around I'd still use video stores also. Don't care
Posted on 2/3/16 at 9:17 am to OnTheBrink
quote:
Why?
Exactly.
If they open one in Louisiana, say goodbye to tax free purchases online.
This post was edited on 2/3/16 at 9:18 am
Posted on 2/3/16 at 9:17 am to windshieldman
quote:
Honestly, I love book stores
Same here. Something about the smell of new books.
But, really? Don't they sell a tablet for reading on?
Posted on 2/3/16 at 9:26 am to Mr.Perfect
Decision makes zero sense. I wonder if it will be a small format...?
Posted on 2/3/16 at 9:27 am to OnTheBrink
Why indeed. Maybe they want to lower their stock price so the common man can buy a few shares.
Posted on 2/3/16 at 9:33 am to OnTheBrink
quote:
But, really? Don't they sell a tablet for reading on?
Like a Kindle thingy? My wife has something like that. I don't know, I hate trying to read a book on a computer screen.
Posted on 2/3/16 at 9:34 am to TJG210
quote:
This is foolish imo
Even though I like it, I agree, in 2016 this seems like a foolish idea.
Posted on 2/3/16 at 9:38 am to OnTheBrink
quote:
Why?
If true, very strange and disappointing move.
Posted on 2/3/16 at 9:59 am to OnTheBrink
I have no idea if this is in their plans, but it might make sense if they are going to treat the stores as warehouses to provide quicker and cheaper shipments for online purchases with the bonus of in-person sales. Maybe they just decided that the additional revenue from in-person sales will offset the additional costs of locating a "warehouse" in a retail area.
They have access to such a vast quantity of information that I'm sure their processes for controlling inventory would be unmatched.
Posted on 2/3/16 at 10:13 am to OnTheBrink
Maybe these will be a front for money laundering
Posted on 2/3/16 at 10:17 am to windshieldman
quote:
Like a Kindle thingy?
Yeah, that's it. So, we have this company which sells a handheld device to get any book you want on it, yet they are going to open hundreds of bookstores nationwide.
quote:
I hate trying to read a book on a computer screen.
Again, I am with you. The move just doesn't make sense. I am a fan of BaM cause of the coffee. I wonder if they will sell coffee inside.
Posted on 2/3/16 at 10:18 am to OnTheBrink
Bye bye tax free purchases online.
In other news circuit city is back serious though.
In other news circuit city is back serious though.
Posted on 2/3/16 at 11:29 am to OnTheBrink
Beginning of the end? This makes no sense, especially after a disastrous Q4.
Posted on 2/3/16 at 11:56 am to studentsect
quote:
Maybe they just decided that the additional revenue from in-person sales will offset the additional costs of locating a "warehouse" in a retail area.
I think this is the most likely answer
Posted on 2/3/16 at 11:56 am to seawolf06
this has been in the works for awhile...there is a theory in the industry that later year millennials and then the next generation coming up will actually start to move back towards brick and mortar stores for some products due to only being able to shop online, and actually craving that "old school" hands on experience such as a bookstore
again, just a theory - but apparently Amazon is literally banking on it
again, just a theory - but apparently Amazon is literally banking on it
Posted on 2/3/16 at 11:57 am to OnTheBrink
Something tells me this isn't going to be the second coming of Waldenbooks...
My guess is this: lots of malls have space these days. Thus, rent space is cheap. They also are in suburban areas. These malls have a lot of anchor space, as well.
What you will get is basically a mini distribution center that sells some books, and also sells kindle tablets, etc.
This is going to bring in the impulse buyer, the lady who saw about a book online this morning, and wants to read the book tonight, while in the tub. She doesn't want to wait 2 days or whatever to get it in the mail. She also wants to pay Amazon price.
Think of Cortana Mall. There are a couple of open anchor spots there, right? Take maybe 10 percent of the anchor space, max, and open up a small bookstore and electronics shop. The rest of the space is a distribution center, for both deliveries and pickups.
Buy something online from Amazon? Pay shipping and have it arrive at your door. Or, have it shipped to the distribution center and you can go pick it up, for free.
I buy a lot of my clothes at JCPenney online, and they have been doing this for a while. Spend $99 or more and get free shipping to home, spend $25 or more and get free shipping to the store. There is a special place in the store for pickups. You can get in and out in a couple of minutes, and not only is shipping free, it usually arrives a day or so faster than shipping to my home.
I think this is what you will see with Amazon.
My guess is this: lots of malls have space these days. Thus, rent space is cheap. They also are in suburban areas. These malls have a lot of anchor space, as well.
What you will get is basically a mini distribution center that sells some books, and also sells kindle tablets, etc.
This is going to bring in the impulse buyer, the lady who saw about a book online this morning, and wants to read the book tonight, while in the tub. She doesn't want to wait 2 days or whatever to get it in the mail. She also wants to pay Amazon price.
Think of Cortana Mall. There are a couple of open anchor spots there, right? Take maybe 10 percent of the anchor space, max, and open up a small bookstore and electronics shop. The rest of the space is a distribution center, for both deliveries and pickups.
Buy something online from Amazon? Pay shipping and have it arrive at your door. Or, have it shipped to the distribution center and you can go pick it up, for free.
I buy a lot of my clothes at JCPenney online, and they have been doing this for a while. Spend $99 or more and get free shipping to home, spend $25 or more and get free shipping to the store. There is a special place in the store for pickups. You can get in and out in a couple of minutes, and not only is shipping free, it usually arrives a day or so faster than shipping to my home.
I think this is what you will see with Amazon.
Posted on 2/3/16 at 12:05 pm to Shankopotomus
quote:
this has been in the works for awhile...there is a theory in the industry that later year millennials and then the next generation coming up will actually start to move back towards brick and mortar stores for some products due to only being able to shop online, and actually craving that "old school" hands on experience such as a bookstore again, just a theory - but apparently Amazon is literally banking on it
I am amazed at the number of people I know that are under 40-45 years old that want nothing to do with shopping online. Whenever I tell one of them about something cool I purchased online, they want to know where they can buy it locally. I think it has something to doe with that generation wanting things immediately. Members of that generation are also where most of the purchasing of music on vinyl is occurring. Weird times, what is old is new again.
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