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Is Amazon planning to open hundreds of bricks-and-mortar bookstores?

Is Amazon planning to open hundreds of bricks-and-mortar bookstores?

Is Amazon, the online retailer credited with the downfall of the U.S. bricks-and-mortar bookstore, really going to open hundreds of bricks-and-mortar bookstores?

That idea took off after General Growth Properties Chief Executive Sandeep Mathrani told analysts and investors Tuesday: "You've got Amazon opening bricks-and-mortar bookstores, and their goal is to open, as I understand, 300 to 400 bookstores." Mathrani was on a conference call about earnings; General Growth owns 120 retail locations, including the Glendale Galleria.

Amazon declined to comment. But is that because Mathrani's understanding was wrong or because the company wasn't ready to talk about what...

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