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Amazon opens bookstore in NYC near publishers' row

Published 05/24/2017, 08:30 AM
Updated 05/24/2017, 08:30 AM
© Reuters.  Amazon opens bookstore in NYC near publishers' row
  • Amazon (NASDAQ:AMZN) is scheduled to open its first bookstore in New York City tomorrow.
  • The e-commerce juggernaut has a 4K-square foot brick-and-mortar space in Manhattan at Columbus Circle. The location is Amazon's 6th U.S. bookstore.
  • Amazon plans to open another store in NYC in the near future as it encroaches on Barnes & Noble (NYSE:BKS), which has a notable presence in Manhattan with several stores in high-traffic regions.
  • Amazon's NYC store is in the heart of the publishing industry's (SCHL, NWS, JW.A, TIME, PSO) corporate offices, a significant development with the company rolling out the digital-focused Amazon Charts list of best-selling books. The Amazon Charts lists include titles from Amazon Publishing and other indies that are shared digitally.
  • Now read: Amazon Prime Video: Downloads Are Bigger Than Many Think


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