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Cyber Security
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Thehackingpost
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Amazon to Ditch Clothing Stores, Wants More Grocery Stores Instead

WatchTop 5 Shopping Tips for Amazon Prime Day CCShare SubtitlesOffEnglish“After careful consideration, we’ve decided to close our two Amazon Style physical retail stores and focus on our online fashion shopping experience, where we’re…

WatchTop 5 Shopping Tips for Amazon Prime Day CCShare SubtitlesOffEnglish“After careful consideration, we’ve decided to close our two Amazon Style physical retail stores and focus on our online fashion shopping experience, where we’re offering new, exciting selection at great value and introducing innovative technology to meet the needs of every customer,” Amazon spokesperson Kristen Kish said in an emailed statement to Gizmodo.AdvertisementKish says that the company is working with the affected employees to redistribute them into other roles within Amazon, but did not elaborate on what those roles might be. If affected employees decide not to continue working for Amazon, they will receive severance pay and career transition services.AdvertisementAmazon shuttered the majority of its physical stores last year from bookstores to mall pop-up kiosks and shops carrying toys and home goods. The e-commerce giant said in March 2022 that it would be focusing on its grocery stores while simultaneously moving toward opening its California retail clothing store. Retail stores are, and will continue to be, an important facet of Amazon, Kish said. In the third quarter of 2023, physical store sales grew by 6% year-over-year but did not specify what percentage was strictly grocery sales. She added that by focusing on grocery store businesses including Amazon Fresh, Whole Foods, and AdvertisementThe store closures last year kicked off mass layoffs at Amazon in November 2021. The company reportedly

Based on reporting by gizmodo.com.

Retail stores are, and will continue to be, an important facet of Amazon, Kish said.
Adam Foster · Thehackingpost
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AI transparency. This article was produced with the assistance of artificial intelligence and published under human editorial oversight. AI systems can make mistakes. Read how we use AI (EU AI Act, Art. 50).
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