Amazon Announces It Will Close All Physical Stores

Amazon has decided to close all of its physical stores in the US and UK. The company did not explain why it made such a decision. With the decision, Amazon’s 68 stores in the US and UK will be closed according to the set schedule.

E-commerce giant Amazon has announced that it has taken a decision that concerns its customers in the USA and the UK. According to the statements made by the company, 68 physical stores will be closed. Amazon stated that the timetable for these closures is not yet clear, with banners to be placed in branches as details become clear. customers will be informed told.

According to a report in Reuters, Amazon has been considering closing physical stores for a long time. In fact, these stores are made for the company’s revenues and customer relations. it was a long term experiment. Description by Amazon, try this come to the end reveals.

Employees’ rights will be protected

In the statements made by Amazon, workers working in 68 stores to be closed their rights will be protected expressed. According to the statement, workers who wish will be directed to different units and will continue to work. Those who wish will be able to receive their severance pay and leave Amazon completely. The company in this preference It is left entirely to the employees.

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Although Amazon has long been the number one name in the e-commerce industry, year 2015It was a revolution for the company. Because the company opened a physical store for the first time in 2015. In the following period, the number of these stores increased. In some of its branches, the company sells only books, and in some branches, it is located in the e-commerce platform. top rated products tried to sell. In addition, non-cashier branches were also opened. However, the company is not giving up on physical retail completely with this move. It is known that Amazon has new physical branch plans for the future.

Source :
https://appleinsider.com/articles/22/03/02/amazon-closing-all-of-its-brick-and-mortar-bookstores-and-4-star-locations


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