Amazon set to open first retail location

The site, set to open in time for the holiday-shopping season on Manhattan’s busy 34th Street, would mark an experiment by Amazon AMZN, -2.27% to connect with customers in the physical world. Amazon has built its business on competitive pricing and fast shipping. Until now, though, it couldn’t compete with the immediacy of a traditional store.

I’ll be honest, I’m not sure this makes sense to me. Amazon has a strong brand, but this doesn’t seem to do anything to strengthen its core business.