Amazon results and outlook fall short as warehouse, fuel costs soar
Inside Retail
APRIL 28, 2022
The company’s expenses swelled as it offered higher pay to attract workers. A fulfillment center in New York City voted to create Amazon’s first US union, a result the retailer is contesting. That means Amazon needs to fulfill more orders to justify the space, said Scott Mushkin, founder of research firm R5 Capital.
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