Amazon Now In Physical Store

Amazon.com plans to open its first-ever physical store later this year, The Wall Street Journal reported Thursday, citing people familiar with the plans. The store would open in New York City, just in time for this year's holiday shopping season. The store would reportedly function as a "mini-warehouse," and be located in midtown Manhattan near the Empire State building. An Amazon spokesperson told Entrepreneur.com, "We have made no announcements about a location in Manhattan." While Amazon has tried to push speedy shipping to its limits, a brick-and-mortar store would allow for same-day delivery within New York. Additionally, the store would serve as a location for returns, exchanges and online order pickups.