Reports: Amazon Delays or Cancels 16 Warehouse Openings as Ecommerce Spending Slows
Retail TouchPoints
JULY 5, 2022
Amazon has delayed or canceled plans for at least 16 U.S. billion net loss, which was partially driven by $6 billion in added costs — including the cost of operating its massive fulfillment network. In March, year-over-year ecommerce sales actually declined for the first time since 2013. during the month compared to 13.4%
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