With shrouded plans from Amazon of hundreds of new brick & mortar stores can only mean a major boost to commercial real estate across the county including Investing in Rhode Island.
Speculation, aside, Amazon is clearly now expanding its brick-and-mortar footprint. Ironic, considering the online retailer is largely credited with fueling a major crisis in brick-and-mortar bookselling, including the collapse of national retailer Borders Books and Music.
New York city was the 1st such store with San Diego coming up 2nd now Seattle.
The New York City Location Handled Same-Day-Delivery Inventory, Product Returns. Physical locations could be a good deal for some customers. Last year, Amazon raised its Amazon Prime membership to $99 in annual payments from $79, so customers have had to pay more for two-day shipping, video streaming and access to e-books. In 2013, Amazon raised the required minimum purchase for free shipping to $35 from $25.
Will a Amazon same-day delivery or bookstore coming to a location near you?
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Will Amazon come to Rhode Island, I cannot say — Amazon has not responded to my request for comment,
will you be ready?