Amazon Wants To Convert JCPenney And Sears Into Distribution Centers

Video Credit: Wochit News
Published on August 11, 2020 - Duration: 00:23s

Amazon Wants To Convert JCPenney And Sears Into Distribution Centers

Amazon is in talks to convert JCPenney and Sears mall stores stores into distribution centers.

The Wall Street Journal reports this move could position Amazon to build out its order capacity amid the pandemic.

Amazon is discussing working with US mall operator Simon Property Group to convert mall stores into hubs to help complete Amazon's online orders.

Business Insider predicts Amazon would have several deals in the works by the end of 2020 to pick up stores from struggling retailers.


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Amazon (company)

American technology and e-commerce company
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Department store chain in the United States

Simon Property Group

International real estate investment trust founded in the United States

The Wall Street Journal

American business-focused daily broadsheet newspaper based in New York City
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Related news from verified sources

Will Amazon openย distribution centers at Simon malls? Simon Property Group is in talks to convert empty Sears and J.C. Penney stores, reports say.
on August 9, 2020 • USATODAY.com

Mall owner Simon Property Group Inc. (NYSE: SPG) is in talks with Amazon.com Inc. (NASDAQ: AMZN) about the e-commerce giant potentially taking department store...
on August 10, 2020 • bizjournals

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