Amazon closes: the stop of 68 bookstores and non-foods stores

Amazon closes a number of physical stores. This is a clear sign that, even for a giant of that size, carrying on traditional stores can be a problem.
It is precisely from this reflection that we need to start in order to envision future scenarios and implement in the immediate future, a digitization strategy that can accompany your online business. Best via mobile APP.

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Amazon closes: Still pondering whether or not having an online presence is useless!

The news comes directly from Amazon, which plans to close all 68 bookstores, pop-up stores, and physical stores that sell toys and household items in the United States and the United Kingdom.

An information reported by Reuters that ends some of the longest-running experiments in physical retailing by the U.S. giant.

Even Amazon, in short, despite having actually begun its growth as an Internet bookstore, and having brought about the personal bankruptcy of established competitors such as Borders, seems to have failed to discover a winning business model in this type of market, which has actually long endured internationally.

The first physical bookstore was opened in Seattle in 2015.
This is despite all the efforts to develop a format that could have simulated some distinctive aspects of Amazon’s online experience, from testimonials to innovations to the services offered.

Retail is difficult, and Amazon is feeling it,” said Wedbush Stocks expert Michael Pachter.

As Reuters explains, earnings from its “physical stores” accounted for only 3 percent of its $137 billion in sales last quarter.

To no one’s surprise, however, the view on various other fronts is different, starting with the food world.

Indeed, the Seattle-based titan has stated that, in the future, it will definitely focus more on the grocery store market and also on developing an outlet store principle.

With the understanding that success will be all to be seen, everyone with a retail business is forewarned.

Differentiating yourself is a must if you want to keep up with the times.

Call one of our experts and learn more about how our eCommerceVolution APP can help you turn your future around.

MANAGE YOUR DIGITAL PRESENCE WITH US

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