At 30,000-square-feet, Amazon Style will likely be smaller than conventional shops, however will provide “more than double the number of styles,” in response to a press launch.
Amazon
Amazon is shuttering its brick-and-mortar attire shops virtually a yr and a half after opening the primary location, the corporate confirmed, marking the most recent shift in its bodily retail technique.
The firm mentioned it is going to shut its two Amazon Style shops in Columbus, Ohio, and Glendale, California, by Nov. 9.
“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 mentioned in an announcement. “Physical retail remains an important part of our business, and we’re continuing to invest in growing our grocery stores business, which spans Amazon Fresh, Whole Foods Market, Amazon Go, and third-party partnerships.”
Amazon launched the idea in Jan. 2022 earlier than opening the Glendale retailer to the general public in May 2022. It represented the corporate’s first foray into hawking garments, sneakers and equipment within the offline world, and its newest try at cracking bodily retail.
That effort has been met with combined success. The firm final March shuttered a number of retail chains, together with its line of Amazon Books, 4-star and Pop Up shops, as a part of a broader transfer to chop prices and rein in its bodily footprint. Amazon additionally shed some warehouse area, axed a number of unproven bets and laid off about 27,000 workers. The firm additionally briefly hit pause on additional enlargement of its Amazon Go cashierless marts and Fresh supermarkets.
Kish mentioned Amazon will proceed to open new shops and revamp its Fresh grocery chain, with two redesigned shops just lately opening in Chicago.
Amazon is working intently with workers affected by the Style retailer closures, Kish mentioned. It will give them the selection to maneuver to different roles on the firm, and workers who select not to stick with Amazon will likely be supplied severance.
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Source: www.cnbc.com”