Now Amazon wants to open physical stores to sell clothing and household items and facilitate exchanges. They are trying to become Walmart WMT .”What does Amazon’s foray into brick-and-mortar mean for the industry? Can Amazon provide enough differentiation in a saturated market to “win” or even compete at the department store business? The digital-first mindset will be the key to setting Amazon stores apart from their competition. Imagine how much more data Amazon can mine through physical interactions with their customers.
Source: Forbes September 17, 2021 14:26 UTC