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Amazon (AMZN +2.3%) CEO Jeff Bezos tells Charlie Rose on PBS the company would "love to" open up...

Amazon (AMZN +2.3%) CEO Jeff Bezos tells Charlie Rose on PBS the company would "love to" open up retail stores if it can come up with a differentiated concept. The exec's comments and tone suggest nothing is in the works, but also tip off the Internet giant is mulling over ideas. (video)
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Comments (3)
  • Windsun33
    , contributor
    Comments (4326) | Send Message
     
    I am guessing that since Amazon will soon start charging state/local sales taxes, that it won't have the 8-12% price advantage over local stores, so in a few areas a B&M store might make sense.
    16 Nov 2012, 01:00 PM Reply Like
  • Tack
    , contributor
    Comments (14581) | Send Message
     
    They'll still have a huge advantage because they have a much more efficient distribution system than all those dollar tied up in bricks, real estate and sales employees, not to mention that they garner fees for sales referrals to the myriad non-Amazon vendors that appear on all product searches.

     

    Heck, Bezo's probably happy to have his competitors keep thinking having expensive stores a great idea.
    16 Nov 2012, 01:08 PM Reply Like
  • Peter Larson
    , contributor
    Comments (642) | Send Message
     
    Stores are much cheaper than "distribution centers", an army of warehouse pickers, and UPS.

     

    The ecommerce business model REQUIRES low prices- it does not enable them.
    16 Nov 2012, 01:37 PM Reply Like
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