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Jeff Bezos steps down as Amazon CEO to fulfill lifelong dream of owning corner bookstore

Los Angeles, CA - Amazon founder Jeff Bezos announced on Tuesday that he would be stepping down as CEO to fulfill his lifelong dream of owning a local corner bookstore.

Bezos' Books is set to open later this month in the up-and-coming Boyle Heights community, just east of Los Angeles. The 2,200 sq. ft. storefront will feature new and pre-owned books, with a small selection of rare and fine used books.

"I'm not getting any younger," said the 57-year-old entrepreneur on his decision. "This seems like a good time to slow down and try to make this dream a reality."

Bezos admits that he is nervous about local competition but is optimistic he can build a loyal following through impeccable customer service and convenience.

"Who knows...If things go well, maybe we'll open more locations someday down the road. A boy can dream, right?" said Bezos.

Bezos' Books plans to host a Grand Opening celebration on Saturday, February 27. The first 50 customers will get a free beer koozie.

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