Amazon to shut down local daily deals site, opens physical store
03.11.2015 268 views
Any vouchers customers have already bought will not be affected by the change, and they will be able to purchase deals as they normally would until the shutdown date.
Other "deals" that Amazon offers will not be affected by Amazon Local's closure. Business will continue as usual for its "Deal of the Day, Gold Box Deals and Kindle Daily Deals", according to the company, cited by TechCrunch.
In related news, LivingSocial laid off 200 employees, a full 20% of its workforce, according to TechCrunch. In September 2015, Groupon announced that it would lay off 1,100 people and shut down its operations in seven countries.
Amazon also announced that it is about to open a store in Seattle called Amazon Books, its first physical location, www.theverge.com reports. According to the company, it will not entirely be doing things like a traditional store, but will be relying on Amazon.com data, including customer ratings, sales totals, and Goodreads' popularity, to decide which books to stock. The titles in Amazon's bookstore will be offered at the same price as those online. But in addition to books, shoppers at Amazon's bookstore will also get to peruse the company's devices, including Kindles, the Echo, the Fire TV, and Fire Tablets.
Earlier in October 2015, Amazon shut down Amazon Destinations, a hotel booking website it launched in April 2015.
Source: The Paypers
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