Business

Amazon reportedly wants to take over JCPenney and Sears stores to turn malls into giant fulfillment centers

1 month ago   |   By Business Insider

Amazon is in talks with the biggest mall owner in the US to take over retail space and turn them into giant Amazon fulfillment centers, The Wall Street Journal reported Sunday.
The deal could involve Amazon taking over spaces formerly occupied by Sears and JCPenney, both of which have filed for bankruptcy and closed dozens of stores.
Amazon would benefit by gaining well-located warehouse space in cities and could decrease delivery time on orders, but fulfillment centers wouldn't attract much clientele to ailing malls.
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Amazon reportedly discussing using former J.C. Penney and Sears stores as fulfillment centers

Amazon reportedly discussing using former J.C. Penney and Sears stores as fulfillment centers

1 month ago   |   By CNBC

The Sears and J.C. Penney locations could give Amazon more fulfillment center space, closer to customers, where delivery drivers could come unload and pick up packages.
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