Report: Amazon in talks with Simon Property Group about taking department store space

Mall owner Simon Property Group Inc. (NYSE: SPG) is in talks with Amazon.com Inc. (NASDAQ: AMZN) about the e-commerce giant potentially taking department store space in its properties, according to The Wall Street Journal. Simon, which locally owns the Wolfchase Galleria, has been discussing turning department store spaces into Amazon distribution hubs, according to the report. The talks have centered on former or currently occupied J.C. Penney and Sears stores, according to the report. A deal…