From: EVG Research Team
Did You Hear the BIG NEWS About Amazon?
Yesterday’s edition of the Wall Street Journal leaked a story from Amazon insiders “familiar with the company’s plans.”
So what’s the big news? What are the big “plans?”
Here you go:
It’s a pretty big deal since Amazon has never had a retail store in it’s 20 year history.
The new store site is in midtown Manhattan, on 34th Street right between the flagship Macy's store and the Empire State Building.
According to the report, Amazon will accept returns there and use the location as a mini-warehouse specially tuned for same-day delivery in New York City.
Amazon was trying to keep the news a secret, but now that the story’s out, they hinted that the new store will open in time for the holidays.
Industry analysts say this could begin a new era of competition between Amazon and its biggest brick-and-mortar competitors.