Amazon will 'definitely' open more physical stores

Amazon will 'definitely' open more physical stores

Amazon has said it will "definitely" open more physical stores.

C.e.o. Jeff Bezos told shareholders during the company's annual general meeting yesterday (17th May): "We're definitely going to open additional stores, how many we don't know yet."

Bezos did not confirm on what kinds of stores these would be, or whether future stores were planned for outside of the US.

Amazon currently has one bookshop in Seattle, stocking 5,000 titles from a 5,500 sq ft space, that opened on 3rd November 2015. It will also be opening a second bookshop in San Diego this summer.

A mall operator, Sandeep Mathrani, sparked rumours Amazon planned to expand its brick and mortar footprint by opening 300-400 bookshops across the US in an analyst call in February, but has since backtracked on the comments.

Bezos also revealed at the shareholder meeting the company aims to bolster subscribers to its Prime service by adding enough perks “that if you are not a Prime member, you are being irresponsible", reported Tech Crunch.

Amazon has been contacted for comment.