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The two companies have explored converting retail space formerly occupied by J.C. Penney Co Inc and Sears Holdings Corp into Amazon distribution centers, while in some cases, Simon and Amazon explored buying out occupied space from the retailers, the report said, citing sources.
Simon’s discussions with Amazon have been under way for months and began before the coronavirus pandemic, according to the report.
It is possible that the two sides could fail to reach an agreement, the report said, citing the sources.
Simon and Amazon did not immediately respond to Reuters’ requests for comment.
