Amazon Set to Open 1,000 Neighborhood Small Delivery Hubs

www.thestreet.com/investing/amazon-amzn-stock-neighborhood-small-delivery-hubs?puc=yahoo&cm_ven=YAHOO&yptr=yahoo

Amazon.com (AMZN) – reportedly is planning to open 1,000 small delivery hubs in cities and suburbs across the U.S. in a bid to bring products closer to customers, and make online shopping even faster than a run to the store.

Indeed, according to Bloomberg, Amazon is doubling down on those efforts by investing billions in building out small delivery hubs in now-empty big-box stores, shopping malls and even car dealerships, Bloomberg said – moving closer to fulfilling CEO Jeff Bezos’s long-standing aspiration of closing the gap on the “last mile” – the toughest and costliest part of delivering.

 

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