Amazon may be looking to once again expand its brick-and-mortar presence with the potential acquisition of several now-defunct Toys “R” Us locations, following the toy store chain’s recent bankruptcy. According to Bloomberg Technology, the online retail behemoth is not so much interested in maintaining the beloved toy store's brand, as it is repurposing the soon-to-be-vacant spaces for its own purposes—purposes that may coincide with the company’s increased push into fresh food.
This possible move follows Amazon’s industry-shaking purchase of Whole Foods Market announced last summer—a transaction that saw Amazon acquire more than 450 brick-and-mortar grocery locations—and the opening of a line of Amazon bookstores and a cashier-less c-store concept.
Bloomberg Technology suggests that this new space could be an opportunity to open a network of stores that place inventory closer to customers and increase the speed of delivery. Representatives from both Amazon and Toys “R” Us declined to comment to the news source.
Despite speculation, no concrete details or deals have come to light. Deli Market News will continue to report as Amazon expands its presence in the grocery and fresh food industries.