Amazon’s department-store plans are less surprising than they appear

“THE WORLD wants you to be typical …Don’t let it happen,” Jeff Bezos warned in April in his last annual shareholder letter as CEO of Amazon. Hence bewilderment that his e-empire is to adopt a retail format that is very typical indeed: the department store. Having helped drive many chains out of business, it is now eyeing the format to boost its own retail fortunes.

Listen to this story

Your browser does not support the <audio> element.

.css-1jkoieb{margin-bottom:1rem;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;gap:1rem;background-color:var(–ds-color-london-95);-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;}@media (min-width: 37.5rem){.css-1jkoieb{-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;padding:1.5rem;}}@media (max-width: 37.4375rem){.css-1jkoieb{-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;text-align:center;padding:1rem;}}.css-1ff36h2{-webkit-box-flex:1;-webkit-flex-grow:1;-ms-flex-positive:1;flex-grow:1;}.css-11gb3fw{font-weight:500;line-height:var(–ds-type-leading-upper);font-size:var(–ds-type-scale-3);}Listen on the go.css-1xitiib{margin-top:0.25rem;font-size:var(–ds-type-scale-0);font-family:var(–ds-type-system-sans);}Get .css-1jwcxx3{font-style:italic;}The Economist app and play articles, wherever you are@media (max-width: 37.4375rem){.css-1xv8s2u{display:none;}}Play in app@media (min-width: 37.5rem){.css-16pctwk{display:none;}}Play in app

As a company, Amazon is entering a

→ Continue reading at The Economist

Similar Articles

Advertisment

Most Popular