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Mall CEO’s Comment About Amazon Stores Not Meant To Represent Amazon’s Actual Plans

Mall CEO’s Comment About Amazon Stores Not Meant To Represent Amazon’s Actual Plans

Yesterday, everyone from book lovers to Barnes & Noble shareholders reacted to a tiny piece of news about Amazon during another company’s routine earnings call. The CEO of mall operator General Growth Properties told listeners that one factor affecting the future of mall traffic would be the 300 to 400 stores that Amazon plans to open in malls nationwide. “The what now?” everyone else on the call said. Now the company has walked back that comment. Sort of. [More]