Amazon closes fabric.com online store in cost-cutting move | Company

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NEW YORK (AP) — Amazon is closing a subsidiary that has been selling fabrics for nearly 30 years, the latest move by the online retail giant to cut costs.

In a notice posted on its website, fabric.com said it would no longer sell products and instead urged customers to buy from Amazon. Thursday is the last day that customers can place orders on the fabrics site.

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