Amazon shutters brick & mortar

Amazon said it will close 68 of its physical bookstores and shops in the United States and United Kingdom, Reuters reported.

In a statement on Wednesday, the company said the latest store closures will vary by location, adding it will apprise its customers of the upcoming changes.

Amazon said physical retail stores are still an important way for them to reach customers, adding it is working on multiple concepts including a fashion store in Los Angeles and cashier-less grocery stores, according to Reuters.