Amazon to shut its bookstores and other shops as its grocery chain expands

Friday 4 March 2022 14:35 CET | News

Retail giant announced its plans to close all 68 of its brick-and-mortar bookstores, pop-ups and shops carrying toys and home goods in the US and UK.

Citing Reuters, Amazon said it would focus more on its grocery markets and a department store concept going forward. Amazon will close its 4-star, pop-up and bookstore locations on various dates and notify customers via signage. Workers will receive severance or can receive help finding jobs at any company stores nearby, such as more than a dozen Amazon Fresh grocery locations it has announced, the retailer said.

After opening its first book shop in Seattle, US, in 2015, Amazon has tried out an array of ideas in retail: convenience stores without cashiers, supermarkets, and a format called ‘4-star’, in which it sells toys, household items, and other goods with high customer ratings.

Amazon had aimed to reach shoppers in more places and bring its online touch into the real world. Its bookstores would pull from its vast data trove and showcase what people were reading, even the reviews they left on Amazon's website, Reuters explains.

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Keywords: Amazon, retail, ecommerce, merchant
Categories: Payments & Commerce
Companies: Amazon
Countries: United Kingdom, United States
This article is part of category

Payments & Commerce


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