Published April 27, 2016 8:07am EDT | Updated April 27, 2016 10:05am EDT

Amazon To Open Pickup Location At California State University

Amazon.com Inc. said Wednesday it's opening a pickup location at California State University to offer students and staffers the chance to pick up and return orders. The 2,500 square-foot space will open in the Fall, the company said in a statement. Amazon shares were up about 1% in premarket trade, but are down 9% in the year so far, while the S&P 500 has gained 2%.