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Amazon Plans to Open as Many as 400 Bookstores, Mall CEO Says

A customer shops at Amazon Books in Seattle, Wash.

Photographer: David Ryder/Bloomberg
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Amazon.com Inc., the world’s biggest online retailer, plans to open from 300 to 400 bookstores, according to Sandeep Mathrani, chief executive officer of General Growth Properties Inc., which owns and operates shopping malls.

Mathrani revealed Amazon’s plan in response to questions about mall traffic during a conference callBloomberg Terminal Tuesday to discuss General Growth’s earnings.

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