Saturday, November 28, 2020 10:05 pm

Big landlord in talks to put Amazon warehouses in malls

By  Esther Fung, Sebastian Herrera | Wall Street Journal

The largest mall owner in the U.S. has been in talks with Amazon.comInc., the company many retailers denounce as the mall industry’s biggest disrupter, to take over space left by ailing department stores. 

Simon Property Group Inc. has been exploring with Amazon the possibility of turning some of the property owner’s anchor department stores into Amazon distribution hubs, according to people familiar with the matter. Amazon typically uses these warehouses to store everything from books and sweaters to kitchenware and electronics until delivery to local customers. 

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