Connect News Commercial Real Estate news for every market and every facet, every day.
Connect CRE Events Live and virtual events bringing together the best of information and networking.
CRE Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Loantuitive Find the right lender for your loan.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Property Sectors

Topics

Seattle & Northwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
Seattle & Northwest  + Retail  |  March 3, 2022
Amazon to Close 68 Physical Stores Across the US and UK
Carrie Jordan McClelland
By: Carrie Jordan McClelland

Amazon to Close 68 Physical Stores Across the US and UK

Amazon.com, Inc reported on Wednesday that it plans to close all 68 of its physical stores across the United States and United Kingdom. The closing of these bookstores, pop-ups, and stores carrying toys and home goods marks the end of several of the company’s longest running retail endeavors. 

After opening its first bookstore in 2015 in Seattle, Amazon has aimed to reach more shoppers and bring its strong online presence to the real world. However, even Amazon is not immune to the push for online shopping, which the company itself helped create. 

Michael Pachter, an analyst at Wedbush Securities, said that Amazon’s new chief executive, Andy Jassy, likely made this decision since taking the position in July. “Retail is hard, and they’re discovering that,” he said. 

All brick-and-mortar storefronts will close on various dates and notify customers via signage. Employees will receive severance or are encouraged to find work at other Amazon locations, such as Amazon Fresh grocery stores. 

Read More News Stories About: Amazon
Connect

Inside The Story

Andy Jassy

About Carrie Jordan McClelland

Carrie Jordan McClelland is the Chief of Staff at Connect Media and Executive Assistant to CEO Daniel Ceniceros. In her role, Carrie works closely with Daniel and leadership across the organization, supporting strategic initiatives and ensuring alignment across teams. She plays a key role in driving communication, managing cross-functional projects, and supporting day-to-day operations across the company. Carrie brings a broad skill set spanning communications, operations, and digital media, with experience in writing, social media, design, and photography. She graduated from the University of Georgia with a Bachelor of Arts in Journalism and Spanish, along with a Certificate in New Media and Technology from the New Media Institute.
Order Reprints
New call-to-action
New call-to-action
New call-to-action