Amazon coming down to earth
Bloomberg reported that Amazon has considered acquiring some soon-to-be-empty Toys R Us stores, to expand its own brick-and-mortar retail concepts, sources said. The company's physical retail operations include bookstores, a convenience store concept and the 450 Whole Foods Market locations it acquired last year. Good to see Amazon getting into the real world of retail. It will be interesting to see how far they need to go before the stock market starts seeing them as yet another large retailer, rather than something truly special. A more sober market valuation will no doubt follow.