Simon Property in talks with Amazon


NEW YORK: Mall operator Simon Property Group Inc has been in talks with Amazon.com Inc about turning some of its department-store sites into Amazon fulfillment centres, The Wall Street Journal reported.

The two companies have explored converting retail space formerly occupied by J.C. Penney Co Inc and Sears Holdings Corp into Amazon distribution centres, while in some cases, Simon and Amazon explored buying out occupied space from the retailers, the report said, citing sources. — Reuters

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