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Grocery stores could save beloved retail destinations.
The American shopping center, a trading destination once ubiquitous, has declined in popularity of buyers and businesses in recent years. Throughout the country, shopping center locations have completed struggles to find tenants and attract new customers.
Related:10 beloved food yard eats who disappear with shopping centers
But recent rumors ofA partnership between Amazon and Simon Property Group, the largest US shop owner, retains a new vision for shopping centers - as practical destinations for grocery stores.
ACNBC Report This speculated week Amazon can be in talks with the giant real estate on the transformation of vacant retail places in its shopping centers in Amazon grocery stores, a prosecution that would be mutually beneficial for both parties.
Nether Company confirmed or refused the grocery partnership pending. Amazon has a policy not to comment on rumors or speculation,According to a declaration sent by e-mail to CNBC.
Here is why grocery stores could save shopping centers
Grocery stores as the central driver of foot traffic in shopping centers is a common practice in Europe and Asia. While Americans can not also be used for the idea, shopping centers needed to think outside the box to fill vacancies, especially those who left behind near the retailers of the box asSears andJ.C. Penney.
Over the last decade, shopping centers have moved into a growing number of experience and experience-oriented companies such as gymnasiums, restaurants and cinemas, to survive the change in consumer behavior. The addition of grocery stores, which thrive during the pandemic, would complete the new commercial center experience for the consumer and would give the neighboring retailers a boost more needed in customer traffic.
Regular expansion of Amazon in races
The expansion of the giant technology in the grocery company started with its integer acquisition in 2017. A year later, they started experiencing a less cashier grocery concept by opening the first of 26 Amazon Go locations in urban areas. Although specific plans for their vertical groceries are largely kept under wraps, the company has announced a new grocery design later this year in Woodland Hills, California, but was the mother on the details.
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