Amazon Unveils First East Coast Bricks and Mortar

Online retailing giant Amazon.com Inc. plans to open its first New York City bookstore in Manhattan’s Time Warner Center, the company said late Wednesday.

The 4,000-square-foot store is slated to open in the spring in the Shops at Columbus Circle on the edge the Central Park. The multistory shopping center, owned by Related Cos., is home to clothing and shoe stores such as Coach and Cole Haan as well as several upscale restaurants, including Per Se.

Amazon AMZN, +0.16%   is excited with its location in the Time Warner Center, a spokeswoman said in an email. A Related Cos. spokeswoman also expressed excitement with the deal.

Amazon has been making a push into the brick-and-mortar retail sector after focusing on online sales for many years. Amazon opened its first brick-and-mortar bookstore in Seattle in 2015 and now has two others — in San Diego and in Portland, Ore. Plans are in the works for stores in Chicago and Dedham, Mass.

 

Source:

http://www.marketwatch.com/story/amazon-to-open-brick-and-mortar-bookstore-in-manhattan-2017-01-04

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