Amazon to Open First Store in New York City
David Curry | | Oct 09, 2014 04:57 PM EDT |
(Photo : Reuters)
Amazon (AMZN) will open its first retail store in New York City, according to The Wall Street Journal. The store will be located across from the Empire State Building, at 7 West 34th Street in, and a block away from the iconic Macy's department store.
Like Us on Facebook
It will be Amazon's first foray into so-called brick and mortar stores after 20 years of exclusively online sales. However, it won't be like a typical department store since Amazon has too many items to display. Instead, it will be a warehouse of Amazon items, allowing users to return, exchange and even order for same-day pick up.
The New York City location will be ideal for those who can't - or don't want to - wait days for their Amazon product to arrive in the mail. Customers will be able to order products online at Amazon.com, then pick it up a few hours later at the store.
This is not Amazon's first move into the real world as the company has its Amazon Lockers, a self-service parcel delivery service, based around the U.S. But this will be the first time Amazon opens up its warehouse to customers. If successful, Amazon will look into opening more stores around the U.S and potentially in Europe.
Amazon will not be the first tech company to sell products in-store, Apple Stores are incredibly popular and Microsoft (MSFT) has started their own stores to sell software and third party hardware. Google (GOOG) had been looking to open stores on barges, but the plan fell through.
TagsAmazon, Amazon Stores, New York City, brick and mortar, e-commerce
©2015 Chinatopix All rights reserved. Do not reproduce without permission
EDITOR'S PICKS
-
Did the Trump administration just announce plans for a trade war with ‘hostile’ China and Russia?
-
US Senate passes Taiwan travel bill slammed by China
-
As Yan Sihong’s family grieves, here are other Chinese students who went missing abroad. Some have never been found
-
Beijing blasts Western critics who ‘smear China’ with the term sharp power
-
China Envoy Seeks to Defuse Tensions With U.S. as a Trade War Brews
-
Singapore's Deputy PM Provides Bitcoin Vote of Confidence Amid China's Blanket Bans
-
China warns investors over risks in overseas virtual currency trading
-
Chinese government most trustworthy: survey
-
Kashima Antlers On Course For Back-To-Back Titles
MOST POPULAR
LATEST NEWS
Zhou Yongkang: China's Former Security Chief Sentenced to Life in Prison
China's former Chief of the Ministry of Public Security, Zhou Yongkang, has been given a life sentence after he was found guilty of abusing his office, bribery and deliberately ... Full Article
TRENDING STORY
-
China Pork Prices Expected to Stabilize As The Supplies Recover
-
Elephone P9000 Smartphone is now on Sale on Amazon India
-
There's a Big Chance Cliffhangers Won't Still Be Resolved When Grey's Anatomy Season 13 Returns
-
Supreme Court Ruled on Samsung vs Apple Dispute for Patent Infringement
-
Microsoft Surface Pro 5 Rumors and Release Date: What is the Latest?