Amazon to close, scrap warehouse plans across US amid slowing sales growth: report

Amazon reportedly scrapped plans to construct dozens of warehouses throughout the USA amid slowing gross sales development. Consulting agency MWPVL says the web retail big is closing or abandoning plans to open 42 amenities throughout the nation totaling practically 25 million sq. ft of usable area, Bloomberg reported. The agency says Amazon has additionally delayed … Read more

Amazon to close and scrap plans for dozens of warehouses amid slowing sales growth: report

Evercore ISI Managing Director Mark Mahaney outlines his high tech picks and technique for investing in an inflation-driven market on “Varney & Co.” Amazon reportedly scrapped plans to construct dozens of warehouses throughout the US amid slowing gross sales development. Consulting agency MWPVL says the web retail big is closing or abandoning plans to open … Read more