Amazon's plan to conquer all retail
The New York Times today digs deep, and goes long, on Amazon's plans for physical retail stores to sell furniture, appliances and electronics in addition to already announced grocery stores. The stakes:
Latest developments: Amazon has opened a fifth book store, and is targeting India for grocery stores,but will start with 2 stores in Seattle and possibly a handful more in the U.S., but the plans are somewhat in flux as the company figures out the way ahead. An NYU professor explains: "What appears to be clear is they haven't yet zeroed in on a format they're willing to massively scale ... This is a company that the moment it figures out something that works, it puts nuclear energy behind it."