Amazon Rumored to Be Eyeing Toys "R" Us Brick and Mortar Locations
SEATTLE, WA - Amazon is once again looking to expand its brick-and-mortar footprint with the possible acquisition of some defunct Toys “R” Us locations, following the latter company’s recent bankruptcy. According to Bloomberg Technology, the online retail behemoth is not so much interested in maintaining the beloved toy store's brand, as it is repurposing the soon-to-be-vacant spaces for its own purposes.
Representatives from both Amazon and Toys “R” Us declined to comment. This possible move follows Amazon’s industry shaking purchase of Whole Foods Market—which included the retailer’s more than 450 locations—and the opening of a line of Amazon bookstores and a convenience-store concept.
Bloomberg Technology suggests that this new space could be an opportunity to open a network of stores that place inventory closer to customers and increase the speed of delivery.
Despite these suppositions, no concrete deals have come to light, and after Amazon’s fruitless discussions with Radio Shack, prospectors must approach this potential partnership with hesitancy.
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