Simon Property Group Inc., the largest shopping mall operator in the U.S., has been in talks with Amazon about transforming closed-door department stores into retail centers, according to a report by The Wall Street Journal.
Amazon is targeting closed JCPenney and Sears stores operated by Simon Property Group Inc., the report says. Both companies have filed for bankruptcy, while Sears has closed nearly all of its stores in New Jersey.
Filling centers are used to store inventory such as electronics, kitchen appliances and face masks, until orders are shipped to customers, Amazon’s website says.
Simon Property Group Inc. currently has 63 JCPenney and 11 Sears stores, the report says. There are 13 malls and shopping centers in Simon-owned New Jersey, according to the company’s website.
The Wall Street Journal report did not show the potential locations that Amazon was interested in converting to tracking centers. An Amazon spokesperson did not immediately respond to a request for comment.
In June, Amazon signed leases in New Jersey for 14 delivery stations, with plans to open them this year.
The online retail giant has officially announced its annual shopping center for Prime Day, but is closing it with a “Big Summer Sale” at the moment.
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