REAL ESTATE

Amazon continues brick-and-mortar push

BY Deena M. Amato-McCoy

The nation’s capital has been added to the list of cities that will soon feature an Amazon Books store.

The newest Amazon Books location will reside in a 10,000-sq.-ft. space in the Georgetown section of Washington, D.C., The Washington Post reported. The store, which was formerly occupied by Barneys New York, will be Amazon’s 13th bookstore.

The planned location further illustrates the online retailer’s commitment to brick-and-mortar stores. The Amazon Books banner now operates six locations in Chicago, Seattle, San Diego, Portland, Oregon, and in Dedham and Lynnfield, Massachusetts. Additional locations planned to open this year include Garden State Plaza, Paramus, New Jersey; Shops at Columbus Circle, New York City; and two stores in the greater Boston area.

The store’s format will follow Amazon’s current footprint, which uses visual displays to highlight its online business. Besides featuring cards that feature snippets of customer reviews of the books for example, the stores also often display Amazon gadgets, such as the Echo digital voice assistant or the Fire TV streaming device, The Washington Post said.

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REAL ESTATE

Actress opening second store

BY Marianne Wilson

Sarah Jessica Parker is expanding her brick-and-mortar retail business.

The actress, producer, and designer will open her second freestanding store, in Las Vegas. The SJP by Sarah Jessica Parker store will be located at the Bellagio Resort & Casino and open this summer.

The shop will feature the brand’s collection of shoes, handbags and accessories, along with its “little black dress” line. The Bellagio shop follows opening of the first SJP shop, at Bellagio's sister property MGM National Harbor in Maryland in December.

"Having our own store has long been a goal we've worked toward and it feels like a dream to be able to do it twice in less than 12 months with such brilliant partners,” said Parker. “The expertise, guidance and support that MGM Resorts has brought to the table are unparalleled and we're honored to be taking this massive next step with them.”

The boutique will be located in the Ballgio’s Promenade retail corridor.

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REAL ESTATE

New owner hopes to keep 70 Gander Mountain stores open

BY Marianne Wilson

Things may not be bad as they first looked for Gander Mountain Company.

Although there is a banner on the bankrupt company’s website announcing that all of its stores are going out of business, its new owner says that’s not exactly the case.

Camping World Holdings, which acquired Gander Mountain and its Overton’s boating business in a bankruptcy auction in late April, may now keep as many as 70 or more of Gander Mountain’s 162 stores open.

“It is my estimation that we are going to probably end up having around 70 — maybe 75 — stores,” Marcus Lemonis, chairman and CEO of Camping World, said in a video that was posted on Twitter on Sunday. “Our goal is to see the business survive and thrive, and take care of the people who work there.”

In a statement issued by Camping World, Lemonis said the ultimate fate of the stores is subject to, among other things, the company’s ability to negotiate lease terms with landlords on terms acceptable to it and approval of the Bankruptcy Court.

Lemonis added that the current liquidation of the existing Gander Mountain inventory will allow Camping World start with a clean slate of what it considers the appropriate mix and level of inventory.

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