Amazon was considering opening a discount store specializing in home furnishings and electronic products, thereby greatly expanding the company’s growing physical store business.
People familiar with the matter stated that these discount stores will sell the inventory in Amazon’s warehouse at extremely high discounts. People familiar with the matter said that Amazon is considering opening both permanent stores and temporary stores in shopping malls and parking lots.
Amazon started preliminary consideration and discussion of this plan last year, but the covid pandemic and the Fresh grocery chain forced many employees to concentrate on daily operations.
“In this way, the inventory can be cleared without having to destroy these products.” One of the people familiar with the matter said, “This is also in line with Amazon’s value proposition that can maintain value leadership and allow customers to obtain products at low costs.”
(Via)
