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Amazon to open first brick-and-mortar store
Posted on 10/9/14 at 3:32 pm
Posted on 10/9/14 at 3:32 pm
quote:
Amazon’s space at 7 West 34th Street, across from the Empire State Building in Midtown, would function as a mini-warehouse, with limited inventory for same-day delivery within New York, product returns and exchanges, and pickups of online orders. A customer could, for example, order a pan in the morning and pick it up that evening in time to use for dinner.
quote:
Amazon also may consider using the space to showcase inventory, particularly its devices like the Kindle e-readers, Fire smartphone or Fire TV set-top box, according to people familiar with the company’s thinking.
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Posted on 10/9/14 at 3:37 pm to Brummy
"We sell your stuff on amazon" store soon coming.
Posted on 10/9/14 at 3:37 pm to Brummy
Gamechanger.
Posted on 10/9/14 at 3:39 pm to Brummy
I don't want to pay sales tax so please don't do this in La.
Thanks guys.
Thanks guys.
Posted on 10/9/14 at 3:41 pm to Chad504boy
I want to buy these boots
Posted on 10/9/14 at 3:42 pm to BilJ
quote:
I don't want to pay sales tax so please don't do this in La.
Exactly what I was thinking
Posted on 10/9/14 at 3:44 pm to Brummy
The reverse Blockbuster.
I don't see this being anything more than a short-term gimmicky kind of thing for a VERY small niche customer...the whole point of Amazon is that it's online and you don't have to go to a store.
But that being said, they are obviously business geniuses, so good on them.
I don't see this being anything more than a short-term gimmicky kind of thing for a VERY small niche customer...the whole point of Amazon is that it's online and you don't have to go to a store.
But that being said, they are obviously business geniuses, so good on them.
Posted on 10/9/14 at 3:46 pm to Brummy
Please never do this in Louisiana
Posted on 10/9/14 at 3:47 pm to BilJ
they don't have a store in texas, do they? cause I have to pay tax :/
Posted on 10/9/14 at 3:48 pm to Brummy
Not a smart idea. CAD will burn it down within a week.
Posted on 10/9/14 at 3:53 pm to TH03
quote:
they don't have a store in texas, do they? cause I have to pay tax :/
No, but they have a distribution center in Texas, that's why you have to pay sales tax.
quote:
I don't see this being anything more than a short-term gimmicky kind of thing for a VERY small niche customer...the whole point of Amazon is that it's online and you don't have to go to a store.
Makes same day delivery on some items easier. That's the real point of putting a store in the middle of manhattan.
Posted on 10/9/14 at 3:54 pm to colorchangintiger
quote:
No, but they have a distribution center in Texas, that's why you have to pay sales tax.
Don't they have distribution centers in just about every state?
Posted on 10/9/14 at 3:56 pm to Black n Gold
not in La 
Posted on 10/9/14 at 3:56 pm to colorchangintiger
quote:
Makes same day delivery on some items easier. That's the real point of putting a store in the middle of manhattan.
Eh, not really. You could put a warehouse outside of the city for much cheaper and still make those deliveries.
This is much more about marketing and branding than making deliveries IMO.
Posted on 10/9/14 at 3:57 pm to Black n Gold
I don't think so
Posted on 10/9/14 at 4:04 pm to BilJ
quote:
I don't want to pay sales tax so please don't do this in La.
First thing that came to mind. Inevitably we are going to get a distribution center or some other amazon presence in louisiana soon though, and it will be a sad day. For a lot of products, the lack of sales tax is the only thing that makes amazon cheaper.
Posted on 10/9/14 at 4:05 pm to ILikeLSUToo
and the whole delivered right to your door saving gas money and valuable time.
Posted on 10/9/14 at 4:08 pm to CocomoLSU
quote:
they are obviously business geniuses
Not according to their financial statements.
Posted on 10/9/14 at 4:09 pm to ILikeLSUToo
Would be in their best interest to pick a limited number of states they want to operate in and put their distribution centers at or near their borders, such as Beaumont or Jasper.
Posted on 10/9/14 at 4:10 pm to Brummy
quote:
Not according to their financial statements.
Earnings aren't as relevant when Wall Street buys into to what you're doing.
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