Amazon is in talks to acquire J.C Penny (seeking to turn them into distribution centers)

Michael's Black Son

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amazon needs a good clothing market anyways

oh I don’t think they care about the clothing side of things. They want already established physical real estate assets that they can use for distribution so Prime can be even quicker and they aren’t flying planes (unnecessarily) all over the place.

why build new distribution buildings when you can scoop up existing assets for cheap and use those instead.
 

ColdSlither

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God damn. Bezos is like Thanos acquiring infinity stones
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42 Monks

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I can see Amazon taking over a whole mall for Prime account holders like Costco & Sams ....... shop in prime seller stores and have big items shipped, buy online and pickup yourself and a hub distribution center all in one
Amazon can afford to guess at reintroducing malls/mall-like setups and the way that they work in communities

If you don't have a prime citizenship by 2030 its gonna be hard living :wow:
 
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JoseLuisGotcha

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the warehouse aspect makes sense that's what he's doing with wholefoods turning them into "dark stores"

"Amazon turns Whole Foods stores dark in online grocery catch-up. Salad bars aren't the only things temporarily closed at Whole Foods as the company has turned six stores dark to facilitate growth in e-commerce."
 
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