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Amazon (NASDAQ:AMZN) is mulling over opening stores that sell furniture and home appliances, sources tell The New York Times. In an ironic twist, the Seattle retail giant is considering using the stores as showrooms to help sell items online that consumers might want to touch and feel.
Some of the innovations being explored by Bezos and team with the store format include augmented/virtual reality, automation at checkout and robots.
The new concept is separate from a larger-sized grocery store model that is reportedly also in the planning stages.
The Amazon Effect: The developments lead to the question of how Amazon plans to add the square footage? And would it consider buying a retail chain? While Barnes & Noble (NYSE:BKS), Dollar General (NYSE:DG) and Macy's (NYSE:M) have been thrown around in the past as candidates for an Amazon M&A play - who has a better idea?
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