Plenty of speculation about Google’s first store

Plenty of speculation about Google’s first store

Internet giant Google will soon open its very first physical store in New York. Its Lower Manhattan location would have 750 sqm of retail space and is located close to an Apple Store - coincidence or not.

Successor for shop-in-shops

The news comes from Crain’s New York Business, but so far Google has refused to comment. Rental prices around SoHo's Greene Street have doubled in the past two years, up to more than 300 dollars per square foot (3,200 euro per square meter), leading the street to be dubbed dubbed “Soho’s little Madison Avenue”.

 

If the rumours are true, Greene Street will become Google’s very first store location, after it had opened several shop-in-shops to sell its Chromebooks two years ago. Two of those locations were a separate store corner at PC World in London and one at Saturn in Hamburg.

Questions or comments? Please feel free to contact the editors


Alibaba invests billions in physical retail

28/08/2017

Over the past two years, Chinese eCommerce giant Alibaba has spent nearly seven billion euro in physical retail. Its Hema Xiansheng chain already has thirteen supermarkets and it acquired luxury department store Intime from the government in January.

Alibaba exceeds expectations

17/08/2017

Chinese Alibaba has trumped analysts’ turnover and profit expectations with its first quarter results. Its profit even doubled compared to the year before.

Aldi will home deliver in the United States

16/08/2017

German discounter Aldi is starting one-hour deliveries for online orders in the United States, using startup Instacart. Amazon’s reaction was swift: it will test lockers in which custumers can collect items two minutes after ordering them.

Yoox-Net-a-Porter thrives thanks to mobile surge

03/08/2017

Online retailer Yoox-Net-a-Porter has managed to beat analysts’ expectations in the past fiscal year, thanks to a surge in mobile sales. For the first time ever, these sales contributed more than half of the retailer’s total turnover.

Lidl constructs new distribution center in Venlo

01/08/2017

Lidl will open a new distribution center in Venlo, which will cater its web shop’s customer base. The distribution center is not a Lidl Netherlands project, but apparently an international project.

Amazon places own pick-up lockers at consumers' homes

31/07/2017

Amazon announced The Hub, a system of pick-up lockers that can be placed everywhere. They come in different sizes and can be placed both inside or outside of buildings.

Back to top