Amazon Reportedly Plans Hundreds Of Brick-and-Mortar Bookstores

(RTTNews) - The wall street Journal quoted Sandeep Mathrani, chief executive of mall operator General Growth Properties Inc. as saying that Amazon.com, Inc. (AMZN) plans to open as many as 400 bookstores.

"You've got Amazon opening brick-and-mortar bookstores and their goal is to open, as I understand, 300 to 400," reportedly said Mr. Mathrani.

That plan compares to the 640 stores Barnes & Noble Inc. operates and the 255 locations Books-A-Million Inc. said it had as of last summer.

It wasn't clear where Mr. Mathrani got Amazon's store figure, but he could have spoken with Amazon's real-estate executives about their plans, the report said.