August 20, 2021: Earlier today, The Wall Street Journal reported that Amazon AMZN -0.1% is contemplating opening new stores that will offer various items like fashion and other discretionary products. The stores are expected to be about 30,000 square feet, twice the size of an average Walgreens WBA + 1.4% ‘or CVS but far smaller than a typical department store which is often about 100,000 square feet. The first such stores are expected to open in California and Ohio. The stores are not as big as Amazon-owned Whole Foods stores but they are much bigger than the Amazon Go convenience stores and the Amazon Bookstores.
News Source: https://www.forbes.com/sites/richardkestenbaum/2021/08/19/amazons-new-bigger-stores-are-likely-to-be