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Amazon explored opening discount stores to clear out unsold products

Shortpedia
Content Team
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Amazon Inc. has been exploring an idea of opening physical stores to offload the unsold inventory at heavy discounts, reveals Bloomberg. The information was disclosed by two people familiar with the plan. Amazon has reportedly thought of opening discount stores in parking lots and pop-up locations in malls. The plan was to sell smaller items at discount stores that don't take up much space.


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