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Amazon reportedly interested in opening up to 400 bookstores nationwide

February 2, 2016 - Uncategorized

Amazon will reportedly bring its race-to-the-bottom business model to your neighborhood. The Wall Street Journal’s Dennis Berman tweeted that Amazon will be opening 300-400 physical bookstores nationwide. Though we don’t know when the buildout may begin, Kindle is coming to you. BREAKING: Amazon expected to launch 300-400 PHYSICAL bookstores nationwide. $AMZN. More on HT @GregBensinger — Dennis K. Berman (@dkberman) February 2, 2016 Even more interesting, Amazon is reportedly going to sell physical books at the same price it does online, suggesting the overhead of operating a storefront is tantamount to shipping costs. It’s not known if Amazon will…

This story continues at The Next Web

Source: The Next Web