• Home
  • Business
  • Amazon to shut-down US pop-up stores, focus on opening more book stores
Image

Amazon to shut-down US pop-up stores, focus on opening more book stores

Amazon.com will close all of its US pop-up stores and focus instead on opening more book stores, a company spokesperson said

The company’s shares closed down 1.4 percent, while shares of bookseller Barnes & Noble Inc ended 8.9 percent lower.

Amazon’s 87 pop-up stores in the United States are expected to close by the end of April, the Wall Street Journal recently reported, citing some of the employees at the stores.

The news underscores how the online retailer is still working out its brick-and-mortar strategy.

Pop-up stores for years helped Amazon showcase novel products like its voice-controlled Echo speakers, but the company is now able to market those products and more at its larger chain of Whole Foods stores, acquired in 2017, and cashierless Amazon Go stores, which opened to the public last year.

Related Posts

Sahara Power Launches Construction of 12MW IPP in Lagos

Sahara Power Enterprise Group (SPEG), one of Africa’s largest privately owned power companies, has begun construction of a…

Standard Chartered Bank Botswana announces up to 26% profit growth in H1 2026

Standard Chartered Bank Botswana Limited has issued a cautionary announcement stating that its unaudited consolidated profit before tax…

NCBA,BasiGo to fund 1,000 new electric vans for Kenya

NCBA Group and electric mobility company BasiGo have partnered to finance 1,000 electric vans for Kenya’s public transport…

Ladi Sanni joins Renaissance Africa as GM, New Business Development

Ladi Sanni has been appointed General Manager, New Business Development at Renaissance Africa Energy Company, In a statement…

Leave a Reply

Your email address will not be published. Required fields are marked *