Amazon Set For Pop-Up Retail Store In San Francisco

0
Amazon Set For Pop-Up Retail Store In San Francisco
By Szk7788 (Own work) [CC BY-SA 3.0 or GFDL], via Wikimedia Commons

Last week The Wall Street Journal and others reported that Amazon.com, Inc. (NASDAQ:AMZN) will be opening its first brick-and-mortar store in Manhattan across the street from the Empire State Building. In addition to a retail location, the store will serve as a pick-up location for online orders as well as a mini-warehouse for same day deliveries of its most popular offerings.

Kiosks in California

Now, the online retailing giant will be opening pop-up kiosks in both San Francisco and Sacramento. The first is expected to open at Westfield San Francisco Centre, a mall located in the center of downtown San Francisco on Market and Fifth streets. The opening is set for Wednesday, Oct. 22 and will beat the NY brick-and-mortar by a good deal as Amazon.com, Inc. (NASDAQ:AMZN) readies it for opening ahead of the holiday season.

Gates Capital Management Reduces Risk After Rare Down Year [Exclusive]

Gates Capital Management's ECF Value Funds have a fantastic track record. The funds (full-name Excess Cash Flow Value Funds), which invest in an event-driven equity and credit strategy, have produced a 12.6% annualised return over the past 26 years. The funds added 7.7% overall in the second half of 2022, outperforming the 3.4% return for Read More

“We’re excited to open new pop-up kiosks in San Francisco and Sacramento in time for the holidays so that customers can try out our new devices,” a spokeswoman said. “The team is moving incredibly quickly – already this year we’ve launched Fire TV, Fire phone, new Fire tablets, new Kindle e-readers, and a bunch of new features and services. While customers can already see our products online and at retailers like Best Buy and Staples, we wanted to provide another option to try out our full line-up leading into the holidays.”

Further moves into retail?

There is little question that Amazon.com, Inc. (NASDAQ:AMZN) is an online retailing giant, the question is whether Amazon is looking more to physical retail or simply taking advantage of a improving economy ahead of Christmas.

Amazon has already opened kiosks in malls to try to push its so-far unsuccessful Fire Phone and has tried to sell Kindle readers and Kindle Fire tablets from vending machines. Amazon has been quite coy about its retail plans and is certainly looking for the NY and SF locations to show them whether a larger retail push is warranted.

While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala.
Previous article Now You Can Ask McDonald’s Exactly What Is In Your Burger
Next article Royce Opportunity Fund: Look for Success in Turnarounds

No posts to display