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The Amazon effect

What retail property owners can read into Amazon’s bookstore rollout. Until now, the property implications of the growing number of retailers defecting from the ranks of the pure plays and opening physical stores has looked very modest. That view now requires a second look. So far, a number of high profile retailers that started out as online-only operators have opened a limited number of physical stores. Like many industry professionals watching this happen, I have been skeptical about its im