Thread regarding layoffs

Amazon is shutting 68 retail stores, ending Amazon Books, 4-star and Pop Up shops

  • Amazon plans to close all locations of its Pop Up, Amazon Books and 4-star stores, the company confirmed to CNBC.
  • Over the years, the e-commerce giant has launched an array of brick-and-mortar concepts, from supermarkets to retail stores featuring Amazon-branded electronics and top-selling products that it sells online.
  • But sales growth of the physical stores unit has noticeably lagged the company’s overall retail business.

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