Amazon closing scores of shops in retail strategy shift
The company will shutter its Amazon 4-star, Books, and Pop Up stores.
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The company will shutter its Amazon 4-star, Books, and Pop Up stores.
Amazon, the retail giant, confirmed to ZDNet late on Wednesday that it is shutting over 60 bookstores, Amazon Pop Ups and "Amazon 4-star" shops.
Amazon is closing all of its brick-and-mortar bookstores, as well as its 4-star shops and pop up locations, as the online retail behemoth reworks its physical footprint.
Amazon is shutting down 66 physical stores in the U.S. to focus on other ventures including Whole Foods and Amazon Fresh.
The move comes as Amazon.com's overall revenue growth is slowing, and it's looking for new ways to reignite sales.