Tuesday, May 7, 2019

Amazon Is Gobbling Up Failed Malls


This doesn't surprise me. It is kind of Access to Consumers 101.


Product needs to be stored somewhere--a lot of product, and ideally near consumers.

Way back in AOL days, before Google and when Amazon was tiny, I always thought it made sense for AOL to buy shopping malls as an ideal location through which product could be sold over the internet and picked up locally.

Amazon is doing a much more sophisticated version of this decades later, but I think AOL missed a great opportunity when it was going strong.




-RW

2 comments:

  1. OTOH, what if they're getting into private prisons?

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    Replies
    1. Mike is spot on none of their businesses benefit from large commercial real estate

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