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Simon Property Group might transform stores into Amazon fulfillment centers

1 month ago   |   By Fashion United

Reuters has reported that Simon Property Group, one of the nation's largest mall owners and landlords, is planning on converting some of their stores into Amazon fulfilment centers. Simon Property Group and Amazon Inc. have been in talks to turn some of Simon's department store spaces previously occupied by J.C. Penney and Sears into new Amazon fulfillment centers.
Reuters also reported that Simon and Amazon have also explored buying out retail space previously occupied by the two department store chains. Simon and Amazon began these talks before the coronavirus pandemic, but with tenants...
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Amazon in Talks to Turn Closed Malls Into Fulfillment Centers

Amazon in Talks to Turn Closed Malls Into Fulfillment Centers

1 month ago   |   By Hypebeast

Business has been booming for Amazon. As the company continues to ride the wave of its success, further expansion seems to be the logical step forward; Wall Street Journal has made a new report noting the e-commerce giant is currently negotiating agreements to turn closed malls into fulfillment centers. It appears that even before the current COVID-19 pandemic , Amazon and Simon Property Group, a major proprietor of malls across the county, have been in talks about taking up some mall spaces. It's a strategic move that would further strengthen Amazon's same-day delivery services while...
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