Amazon's new feature shows it's becoming 'more mall than retailer' (AMZN)

markets.businessinsider.com | 9/18/2018 | Staff
roxy2707 (Posted by) Level 3
Click For Photo: https://static6.businessinsider.com/image/5b1692d61ae6621f008b48a2-2000/amazon-worker.jpg

Amazon opened its new online store, 'Amazon Storefronts,' that allows customers to buy exclusively from small and medium-sized US businesses selling on the site.

The new store has sellers from all 50 US states and across more than 25 categories.

Amazon - Retailer - Nomura - Instinet - Analysts

Amazon is "increasingly becoming more mall than retailer," according to Nomura Instinet analysts.

Watch Amazon trade in real time here.

Amazon - Platform - Businesses - Retailer - Shopping

Amazon is launching a new platform for small- and medium-sized businesses, and evolving itself from an online retailer to a shopping mall, Nomura Instinet says.

The online retailer on Monday unveiled its new online store, "Amazon Storefronts," for customers looking to buy exclusively from US-based businesses. The new hub features 20,000 businesses across more than 25 categories like home, books, jewelry, electronics, and beauty in all 50 US states.

Storefronts - Customers - Collections - Sellers - Sellers

"Amazon Storefronts" will offer customers collections from third-party sellers that sell and ship themselves, sellers utilizing the "Fulfillment by Amazon" program, and sellers that have a direct retail traditional relationship where Amazon sells and ships the items. Each week, the store will...
(Excerpt) Read more at: markets.businessinsider.com
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!