FBA seller fury as Amazon dials back compensation for lost products
Amazon recently extended its pursuit of third-party online sellers to move and store their products ...
MAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTERDHL: NEW DEALGXO: NEW PARTNERSHIPKNIN: MATCHING PREVIOUS LOWSEXPD: VALUE AND LEGAL RISKMAERSK: DOWN SHE GOES
MAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTERDHL: NEW DEALGXO: NEW PARTNERSHIPKNIN: MATCHING PREVIOUS LOWSEXPD: VALUE AND LEGAL RISKMAERSK: DOWN SHE GOES
SUPPLY CHAIN DIVE reports:
Dive Brief:
– Walmart by Dec. 2 will lay off 1,458 employees at a facility in Fulton County, Georgia outside Atlanta, according to a filing with the state’s department of labor.
– Rival Amazon similarly has scaled back its fulfillment capacity after embarking on a massive expansion amid surges in online demand during the height of the pandemic, canceling or delaying dozens of warehouses.
– Walmart didn’t immediately return a request for more information and comment.
Dive Insight:
Walmart opened this facility to great fanfare in 2015, and the retail giant’s online sales have continued to surge since then. Last year Walmart.com revenue rose 11% compared to 2020.
The company’s vast network of stores is playing an important role in its logistics, and that recently got a boost via its acquisition of e-grocery automation firm Alert Innovation, which produces custom-built inventory-handling technology. That comes on the heels of…
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