World's leading online retailer Amazon has denied rumors that it is planning to open shops on high streets in Britain to support its online business.

Earlier it was reported that online retailer had plans to open shops on high streets as shoppers were facing problems with mail deliveries.

It was also said that Amazon wanted to opt for "click and collect" services, where shoppers buy on the internet but collect items from a store.

Commenting on the issue, a spokesperson for Amazon said, "We have no plans to open physical retail stores anywhere in the world."

Amazon's revenues jumped 28 per cent year-on-year to settle at $5.45 billion during the three months ended September.

Amazon, which came into existence in 1994, has so far been able to fight back the economic downturn that hit many of its rivals severely.