Tag: Amazon

Amazon launches luxury clothing store with Oscar de la Renta collection

by Jaimee Heimer on September 15, 2020 in Clothes Shop

Amazon just took its latest stab at a “luxury experience” — and it involves shopping for pricey clothes on your phone.

The Seattle-based e-tailing giant — a go-to for diapers, kitchen utensils and e-books — has created a luxury fashion feature that will launch with a collection by the Oscar de la Renta label, whose founder famously outfitted first ladies including Jacqueline Kennedy, Nancy Reagan and Hillary Clinton.

Amazon’s new “store within a store” feature will be optimized for smartphones, enabling users to get 360-degree views of new looks — an experience that’s an upgrade from the usual, cluttered product

Amazon and a mall developer are scoping out J.C. Penney and Sears stores for fulfillment centers

by Jaimee Heimer on August 11, 2020 in Mall

J.C. Penney’s lenders extended a key deadline over the weekend as negotiations continue about the fate of the Plano-based retailer.

The lenders filed a notice to extend the deadline as The Wall Street Journal reported speculation Sunday that Amazon may be interested in buying some of Penney’s stores with major mall owner Simon Property Group.

The lenders’ deadline was moved to Wednesday from Monday, according to a filing in U.S. Bankruptcy Court on Saturday. Penney’s lenders are selecting a bidder for the Penney retail company, which is expected to exit Chapter 11 later this year.

A corresponding hearing has been

Simon says Amazon centers might go into empty mall, retail spaces

by Jaimee Heimer on August 11, 2020 in Mall

Sebastian Tong and Yueqi Yang, Bloomberg
Published 6:12 p.m. ET Aug. 9, 2020

Mall operator Simon Property Group Inc. has been in talks with Amazon.com Inc. to turn some empty store space formerly occupied by anchor tenants such as J.C. Penney Co. Inc. and Sears Holdings Corp. into Amazon fulfillment centers, Dow Jones reported, citing people familiar with the matter.

In Michigan, Simon Property Group controls Briarwood Mall in Ann Arbor, and Birch Run Premium Outlets in Birch Run. The company is also partnering with Brookfield Property Partners LP to jointly bid for J.C. Penney, which has multiple Michigan properties

Amazon In Talks With U.S.’ Largest Mall Owner To Turn Former J.C. Penney, Sears Stores Into Fulfillment Centres

by Jaimee Heimer on August 10, 2020 in Mall

TOPLINE

Amazon is in talks with Simon Property, the biggest mall owner in the U.S., to explore the possibility of turning store spaces previously occupied by ailing retailers J.C. Penney and Sears into distribution hubs for the e-retailer, the Wall Street Journal reported.

Amazon's Newest Robotics Fulfillment Center Holds Grand Opening In Orlando — Fulfillment centers in malls could help Amazon speed up its last-mile delivery in residential … [+] suburbs.

NurPhoto via Getty Images

KEY FACTS

There are no details on how many stores are under consideration for Amazon, and it is still possible that the deal could fall through, the Journal reported, citing people familiar with the matter.

Amazon reportedly considering mall space for fulfillment centers

by Jaimee Heimer on August 10, 2020 in Mall

Amazon has had talks with Simon Property Group about converting some of its mall spaces into fulfillment centers, The Wall Street Journal reported. The conversations started before the coronavirus pandemic, and before the latest wave of bankruptcy filings by mall stalwarts like Lord & Taylor, JCPenney, and Nieman Marcus. It’s a bit of an on-the-nose example of how e-commerce is overtaking the traditional brick-and-mortar retail establishments that used to be at the center of the shopping mall experience.

Simon is the biggest mall owner in the US, and looking to fill empty retail spaces, particularly those left behind by