Amazon is planning on publishing a holiday toy catalog, following a strategy employed by traditional retailers, including Walmart and the now-defunct Toys R Us.
People with familiar with the strategy told Bloomberg the catalog would be mailed to millions of U.S. households and distributed at Whole Foods locations. In 2007, the online giant published a hot-holiday toy list on its website, according to Bloomberg.
Amazon didn’t immediately respond to CNBC’s request for comment.
The catalog represents another move from the online retailer to incorporate strategies used by brick-and-mortar retailers. Having a wide selection of toys at good prices is a way to woo shoppers during the holiday season. Parents often begin buying toys for their children during the fall.
This year many retailers will be looking to snatch up business that would have gone to Toys R Us. Party City, for example, plans to open temporary toy shops later this year.
Bloomberg reports that Amazon also considered acquiring Toys R Us locations earlier this year after the toy retailer filed for bankruptcy and announced plans to shutter U.S. operations.
Last year, the online giant bought Whole Foods for $13.7 billion, expanding its physical footprint.
Read more about Amazon’s plans in Bloomberg’s report.
Source: Tech CNBC
Amazon plans holiday toy catalog, mimicking traditional retailers: Report