Amazon abandons online sales, opts for physical store

I was reading this article which discusses the new Amazon bookstore which recently opened up at an expensive mall in NY. It's interesting to see the online giant open up their own physical store after being named as the reason why so many went out of business over the past few years.

Is this just a one-off or does it show us that perhaps we will never go 100% online? Personally I know that I enjoy the real life shopping experience of walking through aisles and being able to browse a selection of goods with my own eyes and be able to pick things out. What's interesting is that Amazon opted to do this with a book store, something which you typically don't need to see in person before buying (as opposed to clothes for example).

What do you guys make of this?

2 Comments
 

I think print book sales have actually been increasing year over year, which isn't too surprising considering not many other forms of entertainment and information are so easily accessible and enjoyed without a machine. I'm not sure what you mean by going 100% online, but I think there will always be a place for real life shopping as long as human interaction is valued (hopefully always, since the opposite seems depressing as hell)

 

Sit aut aspernatur molestiae repellendus. Ut id dolorem reiciendis eos minima. Voluptas quam aut delectus. Dolores qui et et sint. Hic sint nobis nobis hic qui.

Consequatur ut ex quia id dolores. Autem repudiandae exercitationem deserunt quisquam qui ut nihil. Fuga numquam reiciendis natus sapiente qui. Consectetur aut dicta necessitatibus libero quo voluptas dolor.

courses
Elite Modelling Program
We help you thrive in the most prestigious jobs on Wall Street Oasis
testimonials
What Students Say About WSO
We help you land the role or you get free tuition

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”