WSJ News Exclusive | Amazon and Mall Operator Look at Turning Sears, J.C. Penney Stores Into Fulfillment Centers

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WSJ News Exclusive | Amazon and Mall Operator Look at Turning Sears, J.C. Penney Stores Into Fulfillment Centers
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Amazon has been in talks with the biggest U.S. mall owner to turn some Sears and J.C. Penney stores into fulfillment centers, people familiar with the matter said

Simon Property Group Inc., the biggest mall owner in the U.S., has been in talks with Amazon.com Inc. to turn some of its anchor department-store spaces into Amazon fulfillment centers, according to people familiar with the matter.

For Amazon, more fulfillment centers near residential areas would speed up the crucial last mile of delivery. For Simon, turning over what was once prime mall space to fulfillment centers shows it would be willing to relinquish an essential way to bring in more mall traffic to secure a steady tenant.

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