Amazon is rethinking its retail ambitions after years of expansion. The company informed Reuters it was closing all 68 of its physical bookstores, pop-up locations and 4-star shops in the US and UK. The company maintained in a statement to the New York Times that in-person retail was still important and that it would focus on its cashierless Just Walk Out tech, its grocery stores and its recently announced Los Angeles clothing store.
Closure dates will vary depending on the store. Workers at affected locations may receive jobs at nearby Amazon shops, the company said.
The company opened its first physical bookstore in November 2015, and its first 4-star outlet in September 2018. Both represented experiments in combining Amazon’s online shopping data with the retail world — the in-store selection reflected what was popular or likely to sell. It’s not certain how well they fared in…
