Amazon Closing Scores of Shops in US, UK in Retail Strategy Shift

E-commerce titan Amazon on Wednesday confirmed plans to shut its brick-and-mortar bookstores and pop-up shops to deal with grocery chain Complete Meals and stores with its newest self-checkout know-how.

Based on a spokesperson, the corporate will shut its 4-star Amazon, Books and Pop Up shops.

Amazon 4-star shops supply curated product choices, all of which have been rated 4 stars or greater on the corporate’s retail web site.

The Seattle-based firm deliberate to shut 66 real-world shops within the US and two extra within the UK.

“We remain committed to building long-term physical retail experiences and technologies,” a spokesperson mentioned in response to an AFP inquiry.

“We are working closely with our relevant employees to help them find new roles within Amazon.”

Based on the corporate, the closures are a part of a shift in technique to focus extra on Amazon Contemporary, Complete Meals Market, Amazon Go and Amazon Fashion shops in addition to the corporate’s “Just Walk Out” know-how, which permits clients to pay for his or her tabs and not using a money register.

Amazon deliberate to proceed opening “innovative” shops, together with a Fashion retailer in Los Angeles that will be its first brick-and-mortar clothes retailer.

An Amazon Fashion retailer to launch later this yr will let clients use the retailer’s app to scan QR codes on garments, select from sizes and colours, then have these objects despatched to becoming rooms for them. attempt, based on a weblog submit.

The Fashion retailer’s becoming rooms are designed to be a “personalized space” the place consumers will discover the objects they’ve requested by the app in addition to added choices primarily based on their decisions, based on Amazon.

Touchscreens in becoming rooms will enable individuals to proceed procuring, with objects delivered “in minutes” for them to attempt on, based on Amazon.

The plan for a bodily clothes retailer comes as authorities and opponents challenge warnings concerning the tech big having an excessive amount of affect in retail.

Amazon acquired grocery chain Complete Meals Marketplace for $13.7 billion (roughly Rs 1,03,875 crore) in 2017, considerably increasing the e-commerce big’s presence in bodily retail.

© Thomson Reuters 2022

For particulars on the newest Nokia, Samsung, Lenovo and different product launches from Cellular World Congress in Barcelona, ​​go to our MWC 2022 hub.

Leave a Reply

Your email address will not be published.