Amazon Wants To Furnish Your Home

Online shoppers may soon get just about anything from Amazon. The online retail behemoth is making a huge push to sell more furniture and appliances. Amazon plans to build four large warehouses focused on bulky items, putting it into direct competition with Wayfair and Pottery Barn, the Wall Street Journal reports.

Furniture is among the fastest-growing online retail markets and grew 18% in 2015. Online sales make up about 15% of the $70B U.S. furniture market. Furniture also is one of the fastest-growing categories at Amazon, according to Amazon furniture general manager Veenu Taneja.

Amazon already sells some furniture and has about 17% of the market share in home furnishings, but the latest move will expand the selection of products available. Shoppers will be a click away from Ashley Furniture sofas and Jonathan Adler décor as well as custom-furniture design services. Delivery is expected to speed up to one or two days in some cities, according to Taneja.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Philly Retail Momentum Spills From Rittenhouse Into Northern Liberties

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Forget Buildings, Retailers Are Leasing Environments

Philly's Big-Box Warehouse Owners Subdivide Spaces After Developing 'The Wrong-Size Buildings'

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy