Amazon to expand office supplies business in Europe after pandemic boosts sales

Amazon plans to expand its business selling office supplies in Europe and internationally after the pandemic helped boost sales as companies shopped more online and looked for bulk discounts.

The company is looking for high-growth, high-margin businesses to pursue as it plans to close all 68 of its physical bookstores, pop-up shops and “4-star” stores in the United States and United Kingdom, ending some of its longest-running experiments in brick-and-mortar retail.