Amazon's Physical Bookstores and '4-star' Shops are Closing

Amazon's Physical Bookstores and '4-star' Shops are Closing

Amazon made a move and stated that it wants to shift its retail strategy. Amazon may rethink its retail strategy and ambitions after years of expansion. The company already informed Reuters that it would close all 68 physical bookstores, pop-up locations, and 4-star shops in the United States and the United Kingdom. But Amazon still maintains its strategy about in-person retail. This retail model is still pretty significant, but the company will move and focus on creating cashier-less Just Walk Out tech for its grocery and Los Angeles clothing stores.

The closing dates of these stores will be different from each other. Amazon also stated that it wouldn’t fire its workers at these affected stores. Workers will still receive new jobs at nearby Amazon shops.

In November 2015, we witnessed the first physical bookstores of Amazon make their grand opening. And three years later, in September, the first 4-star store appeared. With the appearance of these stores, we know that Amazon has done an excellent job in combining online shopping data with the retail world. There are selection areas for popular products in the in-store outlets.

In the future, you can expect to see more cashier-less stores appear. This is a shift move in the retail strategy of Amazon. And the company may achieve more success than other parties like Starbucks and Sainsbury’s, which has been testing the Just Walk Out technique.

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Paul Syverson
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Paul Syverson
Paul Syverson is the founder of Product Reviews. Paul is a computer scientist; he used to carry out a handful of significant studies which contributed to bringing in many special features on the site. He has a huge passion for computers and other tech products. He is always diligent in delivering quality writings to bring the most value to people. Syverson.org |

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