SunStar Publishing Inc.
AMAZON is saying goodbye to its clothing stores.The company said Thursday that it will close both of its “Amazon Style” stores located in Los Angeles and Columbus, Ohio, making it the latest brick-and-mortar business abandoned by Amazon. Both stores will close next week.Amazon opened the first Amazon Style store last year at The Americana at Brand, a mall in Glendale, California. Some experts predicted the company’s entry could threaten traditional retailers like Macy’s and Kohl’s.
The company has also paused expansion on Fresh supermarkets as it aims to find the right formula that will allow it to scale its business.On Thursday, the company continued to stress its commitment to its existing brick-and-mortar businesses.“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,” spokesperson Kristen Kish said.
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