Online retailer Amazon has intends to open more bricks-and-mortar stores.
CEO Jeff Bezos announced this plan at the annual shareholder meeting held this week. However, he did not specify when or where these stores will open, reported The Wall Street Journal.
Go deeper with GlobalData
The company opened its first bricks-and-mortar store in Seattle, US, last year.
Bezos was also quoted by The Wall Street Journal as saying: "We’re definitely going to open additional stores, how many we don’t know yet."
"In these early days, it’s all about learning, rather than trying to earn a lot of revenue."
The company is also constructing a physical store at San Diego.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataAt the meeting, he also hopes to offer more benefits to Amazon Prime subscribers.
BBC quoted Bezos saying: "Our goal with Amazon Prime is to make sure that if you are not a Prime member, you are being irresponsible."
Amazon’s one-hour Prime Now delivery service is currently available in 30 cities worldwide.
Image: Amazon CEO Jeff Bezos. Photo: courtesy of Steve Jurvetson via Wikipedia.
