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Amazon's physical retail business is suffering a major blow as the company confirmed

it'll close 68 brick and mortar retail stores across the US and UK.

This includes its Amazon Books, Bookstores, its pop-up shops, in various markets,

and its four-star stores, where customers could shop popular and highly rated

products across Amazon.com.

The retailer launched its first physical bookstore in Seattle back in 2015, then steadily expanded its brick and mortar footprint to include

more locations across the U.S. and abroad. The decision to exit so much of its brick and mortar

business follows a couple of years that have made in-person retail more challenging

for everyone as the COVID pandemic sent more consumers online as foot traffic to local stores

declined.

In other news, Invites just went out for Apple's next big event, scheduled

for 1 PM Eastern time on March 8th. It'll be an online event broadcasting from Apple Park

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