Amazon is closing all its physical bookstores and '4-star' shops

Amazon is rethinking its retail ambitions after years of expansion. The company informedReuters it was closing all 68 of its physical bookstores, pop-up locations and 4-star shops in the US and UK. The company maintained in a statement to the New York Times that in-person retail was still important and that it would focus on its cashierless Just Walk Out tech, its grocery stores and its recently announced Los Angeles clothing store. Closure dates will vary depending on the store. Workers at affe...