Amazon plans to open more retail stores

18 May 2016 (Last Updated May 18th, 2016 18:30)

Online retailer Amazon intends to open more bricks-and-mortar stores.

Amazon

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.

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.

"In these early days, it’s all about learning, rather than trying to earn a lot of revenue."

At 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.