The Presidential Daily Brief


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    Amazon Opens Brick-and-Mortar Bookstore in NYC

    If they can make it there, they’ll make it anywhere. The online giant opened its first New York City bookstore at Columbus Circle, its seventh physical location nationwide, with six more planned in 2017. Derided by the New York Post as “a glorified airport stall,” the cash-free 4,000-square-foot store carries around 3,000 titles rated 4 stars or higher online, with discounts for Prime members. Amazon’s stock is up 32 percent this year, notching an all-time high as it touched $999 per share in trading yesterday.

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