1. Technology & Innovation

Amazon to close 8 of its Go convenience stores

The move is the latest from the Seattle-based tech giant to pull back on some of its brick-and-mortar retail operations.

  • Amazon is permanently closing eight of its Amazon Go convenience stores, including two in Seattle, due to the company’s periodic assessment of its portfolio of stores.
  • The stores will continue to operate until April 1, and Amazon said it’s working closely with affected employees to identify new roles within the company.
  • Amazon will continue to open new Go stores, and CEO Andy Jassy expects this year to be the year that the ecommerce giant will come up with a viable retail grocery format.
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