Amazon is planning to open hundreds of physical bookstores, according to a large mall CEO who spoke to Dow Jones.
General Growth Properties CEO Sandeep Mathrani mentioned Amazon's bookstores in response to a question about mall traffic in an earnings call with analysts on Tuesday, according to a Wall Street Journal report.
"You've got Amazon opening brick-and-mortar bookstores and their goal is to open, as I understand, 300 to 400," Mathrani said.
The Journal reported that it was not clear where Mathrani got the potential number of stores. The news agency added that the CEO may have discussed plans with real-estate executives.