Amazon cancels Chinese orders and eyes US expansion
US consumers may find there is less choice come Christmas, after Amazon cancelled some orders ...
Amazon and Walmart are grappling with a rare affliction in the current market: while most companies in the US struggle to find labour and warehouse capacity, the two giants’ bottom lines are being hit by an excess of both.
Amazon, famed for using predictive analytics to position inventory close to anticipated markets, has been less successful in terms of anticipating staffing and warehousing needs, going on a hiring spree and raking in as much warehouse space as possible.
Now the company has ...
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