Headlines Amazon Opening New Retail Experience, Similar to Department Store The online behemoth is reportedly looking for a physical experience to sell goods and facilitate returns and exchanges. Published 3 months ago on August 26, 2021 By INVISION Staff The outside of an Amazon Go location. Photography: Courtesy of Amazon Share Tweet Amazon.com Inc. (Seattle) has announced its intentions to open a new retail experience, similar to a department store, The Wall Street Journal reports. The company reportedly plans to sell home goods, electronics and other items and may also offer exchange services. The first concepts are expected to open in California and Ohio and will be set around 30,000 square feet. There’s no official confirmation of what the company plans to sell in store, but speculation is that their own private labels will be heavily showcased. According to CNBC, Amazon’s market share fell more than 1 percent this year and it currently has a market valuation of $1.59 trillion USD. Related Topics:AmazonLatest News Topretail click to Comment(Comment) Up Next Former Coach CEO to Lead Michael Kors Don't Miss Warby Parker Lost $56M Last Year, IPO Document Reveals INVISION Staff Since launching in 2014, INVISION has won 23 international journalism awards for its publication and website. Contact INVISION's editors at [email protected]. SPONSORED VIDEO Shamir Glacier Plus Metaform: Stronger. Thinner. Lighter. It’s time for a new compromise-free lens technology that completely changes our concept of what's possible. Glacier Plus™ Metaform enables customers to enjoy strength and safety alongside the aesthetics of thin and light lenses. Now Available: The next technical revolution in the world of optics. You may like VSP Global Premier Program Partners with Optify Stumped on Holiday Gifts for Your Eye Loving Loved Ones? We Got You Covered! Big Survey: Most ECPs Still Expect to be Working Past 65 Promoted Headlines Recommend a Simple Solution for Your Patients’ Daily Dry Eye Challenges Alcon See What’s Possible with EssilorLuxottica 360 EssilorLuxottica Shamir Glacier Plus Metaform: Stronger. Thinner. Lighter. Shamir Lens Advertisement Latest Trending Videos Press Releases11 hours ago VSP Global Premier Program Partners with Optify Tools and Equipment20 hours ago Stumped on Holiday Gifts for Your Eye Loving Loved Ones? We Got You Covered! The Big survey20 hours ago Big Survey: Most ECPs Still Expect to be Working Past 65 Press Releases1 day ago Thomas Eye Group Announces Acquisition of Georgia Optometry Group Press Releases1 day ago SCSU, Eye-Kraft and Sand Celebrate DEED Workforce Grant Signing Photo Gallery2 weeks ago 16 Painfully Relatable Memes About Working Holiday Retail Sponsored Content2 weeks ago Shamir Glacier Plus Metaform: Stronger. Thinner. Lighter. Photo Gallery1 week ago 12 Images That Show Why Spectrum Eye Care in Hamilton, ON, Was Named One of (North) America’s Finest Optical Retailers Headlines4 weeks ago FDA Approves VR Headset for Amblyopia Treatment Headlines3 weeks ago Warby Parker Will Soon Have 161 Stores Sponsored Content2 weeks ago See What’s Possible with EssilorLuxottica 360 INVISION Podcast2 months ago INVISION Podcast New Season: Dee Talks With Dr. Diana Canto-Sims on the Challenges of Serving the Nation’s Largest Ethnic and Racial Minority Press Releases2 months ago Global Vision Campaign Seeks to Achieve 1M Vision Screenings and Eye Exams for World Sight Day Sponsored Content3 months ago Introducing the VariluxⓇ Challenge Press Releases4 months ago Sun Pharma Launches 4th ‘Dry Eye Gets Personal’ Video Campaign Advertisement SubscribeBULLETINS Get the most important news and business ideas for eyecare professionals every weekday from INVISION. Advertisement Most Popular Photo Gallery1 week ago 12 Images That Show Why Spectrum Eye Care in Hamilton, ON, Was Named One of (North) America’s Finest Optical Retailers The Big survey3 days ago So Overrated! ECPs Tell Us the Top 10 Things About The Profession That Don’t Deserve the Hype The Big survey1 week ago For ECPs, Vaccination Status is Still a Pain Point Sponsored Content4 days ago Recommend a Simple Solution for Your Patients’ Daily Dry Eye Challenges Headlines2 days ago New Look Vision Acquires Luxury Optical Holdings The Big survey1 week ago ECPs Offer Predictions for the ‘Next Big Thing’ in Optical Products Headlines1 week ago Distance Education Doctor of Optometry Program Planned as NECO Partners with Noodle Tools and Equipment20 hours ago Stumped on Holiday Gifts for Your Eye Loving Loved Ones? We Got You Covered!