Amazon (AMZN) has announced plans to open an in-person clothing retail store, Amazon Style, the company’s first-ever apparel store that will deal in men's and women's clothes as well as shoes and other accessories. The Los Angeles-based store should be up and running before the end of the year. Shares of the company fell 2.96% to close at $3,033.35 on January 20. Amazon offers a platform that allows people to buy and sell items online. It also provides cloud computing services. Amazon’s upcoming earnings report for the fourth quarter of 2021 is scheduled for February 03, 2022.
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