๐Ÿ‡บ๐Ÿ‡ธ

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.

Advertisement

You are here


๐Ÿ’ก One News Page Knowledge: Other News Mentions

Amazon (company)

American technology and e-commerce company
This big fall Amazon sale has everything you'll need to get your space in order for the season, including furniture, tools, space heaters and blankets.
Credit: USATODAY.com - Published 1 day ago

Technology giant also unveiled a new gaming platform, a line of entertainment products and car security gear.
Credit: CBS News - Published 3 days ago

Amazon staged a virtual press event from its Seattle headquarters to show off its lineup for the holiday selling season.
Credit: USATODAY.com - Published 3 days ago

RBG T-shirts, books, masks and other memorabilia are trending on Amazon, Etsy, Redbubble and other online shops, celebrating Justice Ginsburg's life.
Credit: USATODAY.com - Published 5 days ago



Sears

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
President Trump has set a date to announce his next Supreme Court nominee, and Republican Senate leaders say they have the votes to confirm her before Election..
Credit: CBS News - Published 5 days ago

Justice Ginsburg's death could impact the future of the Affordable Care Act. A case challenging the act is set to be heard by the Supreme Court in November. Jess..
Credit: CBS News - Published 6 days ago

Somebody tried sending ricin to the White House, with the intent of having it received by President Trump ... this according to several reports. The NYT, CNN and..
Credit: TMZ.com - Published 1 week ago

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

Related videos from verified sources

Amazon Considering Making Fulfillment Centers Out of Vacant Mall Space 00:52
Video credit: Veuer - Published on August 10, 2020 

Amazon In Talks To Turn Empty Stores In Malls Into Distribution Centers, Report Says 00:18
Video credit: WBZ CBS Boston - Published on August 10, 2020 

Amazon Exploring Using Closed Sears And JC Penney Stores As Fulfillment Centers 00:23
Video credit: KDKA CBS 2 Pittsburgh - Published on August 10, 2020 

You might like