Amazon refused to comment on the speculation surrounding the new stores, which would follow the Seattle-based company’s launch of a physical bookshop in its home town last year. It is now available in Seattle, New York, Washington, Boston, northern New Jersey, Philadelphia, Stamford, Baltimore and large parts of California. In June it launched outside of the US for the first time, offering grocery delivery to homes in parts of north and east London. The British service is offered to Amazon Prime members in 69 postcodes for an additional £6.99 ($8.50) a month. Amazon collected annual sales of $107bn last year, more than double the amount it generated just four years earlier.

Source: The Guardian October 11, 2016 17:15 UTC