Amazon to close U.S. pop-up stores, focus on opening more book stores

FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol

(Reuters) – Amazon.com Inc will close all of its U.S. pop-up stores and focus instead on opening more book stores, a company spokesperson said on Wednesday.

The company’s shares closed down 1.4 percent, while shares of bookseller Barnes & Noble Inc ended 8.9 percent lower.

Amazon’s 87 pop-up stores in the United States are expected to close by the end of April, the Wall Street Journal reported earlier on Wednesday, citing some of the employees at the stores.

The news underscores how the online retailer is still working out its brick-and-mortar strategy.

Pop-up stores for years helped Amazon showcase novel products like its voice-controlled Echo speakers, but the company is now able to market those products and more at its larger chain of Whole Foods stores, acquired in 2017, and cashierless Amazon Go stores, which opened to the public last year.

The online retail giant will also open more “4-star stores” – stores that sell items rated 4-stars or higher by Amazon customers, the spokesperson added.

“After much review, we came to the decision to discontinue our pop-up kiosk program, and are instead expanding Amazon Books and Amazon 4-star, where we provide a more comprehensive customer experience and broader selection.”

Reporting by Uday Sampath in Bengaluru; Editing by Maju Samuel

Britain's Hunt promises 'doctrine of deterrence' against cyberattacks on democracy

LONDON (Reuters) – British foreign minister Jeremy Hunt will set out on Thursday a “doctrine of deterrence”, including economic and diplomatic counter-measures, to prevent cyberattacks that threaten to turn elections into “tainted exercises”.

Britain’s Foreign Secretary Jeremy Hunt is seen outside of Downing Street in London, Britain, March 5, 2019. REUTERS/Peter Nicholls

Britain will try to prosecute those responsible for cyber crimes, part of a growing response by the West against countries that hope to influence elections through disinformation and voter manipulation, he will say in a speech in Glasgow.

“We will always seek to discover which state or other actor was behind any malign cyber activity, overcoming any efforts to conceal their tracks,” Hunt will say, according to pre-released extracts of his speech.

Western countries issued coordinated denunciations of Russia in October for running what they described as a global hacking campaign. Russia has denied the allegations.

In the United States, a federal special counsel is investigating Russian interference in the 2016 presidential election and possible collusion with Donald Trump’s campaign. Moscow has denied any meddling and the U.S. president has said there was no collusion.

Hunt will say there has been no evidence that foreign states have interfered with British votes but that unnamed hostile states are intent on using cyberspace to undermine Western democracies.

“Events have demonstrated how our adversaries regard free elections – and the very openness of a democratic system – as key vulnerabilities to be exploited … authoritarian regimes possess ways of undermining free societies that yesterday’s dictators would have envied,” he will say.

The British response could include the public naming and shaming of any perpetrator together with allies, exposing how the action was carried out and prosecuting those responsible to show they are not above the law.

Hunt will also say that Britain, as part of the European Union, agreed last year to impose sanctions to stiffen its response to cyberattacks and to rush through new curbs on online campaigning by political parties.

“After Brexit, the UK will be able to impose cyber-related sanctions on a national basis,” he will say.

Reporting by Elizabeth Piper; Editing by Frances Kerry