Amazon . com Inc. is planning to close dozens of bookstores and other retail locations it had opened in recent years to highlight bestselling products, part of a broader shift the tech giant is making in its physical retail strategy.
The e-commerce giant said Wednesday that it plans to close the locations to focus on its grocery stores and technology that powers them at other retail sites. Amazon operates more than 20 bookstores throughout the U.S., “pop up” locations mostly in malls and “4-star” stores. Those outlets have sold some of its bestselling items from electronics to kitchen products. The company has 66 such stores in the U.S., a spokeswoman said.
