The next major player in the world of brick-and-mortar retailing could be Amazon.
According to a recent report in the Wall St. Journal, the e-commerce retailer has plans to open a handful of stores in the United States that will be designed similar to department stores. Citing people familiar with Amazon’s thinking, the stores will showcase a host of products such as household products, electrics, apparel and other items.
The locations are expected to be about 30,000-square feet, far smaller than the typical department store. However, the planned Amazon stores are similar to the average size of T.J. Maxx and Marshall’s, which are about 30,000 square feet.
Specifics on where and when the first Amazon “department stores” will open were not clear.
Finding vacant retail space will not be challenging for Amazon. With many malls now on the hunt for tenants as the likes of J.C. Penney and Macy’s have downsized in recent years, the e-tailer should be able to easily find locations across the country.
Currently, Amazon runs more than 20 bookstores and more than 20 4-Star locations that sell a variety of items including kitchenware. The company also owns Whole Foods, which is one of the more popular grocery chains in the U.S.