HomeEconomyAmazon will have suspended the construction of warehouses in...

Amazon will have suspended the construction of warehouses in Spain to take the pulse of the economy

Amazon orders at the San Fernando de Henares warehouse, on the outskirts of Madrid.

Wait and see: is this the strategy implemented by Amazon for the most challenging context who lives today According to the Spanish newspaper El Confidencial, the e-commerce giant has decided to suspend the construction of new warehouses and logistics centers in Spain.

As the Spanish newspaper writes, the plans will have been put on hold for two years, postpone decisions until 2024. Information was collected from unidentified company sources.

With this pause, the company will be trying to understand how electronic purchases are evolving. During the first year of the pandemic, coinciding with stricter lockdowns around the world, the company’s sales increased significantly. In 2020 alone, the company made a profit of 21.3 billion dollars (20.1 billion euros), an increase of 83.6% compared to the profit of the previous year; last year, in 2021, the figures were even more expressive, amounting to 33.4 billion dollars (31.6 billion euros), a jump of 56.8% between the two years.

Apple’s profit falls 11% in the quarter. Amazon with a loss of 2 billion for the investment trip in Rivian

This article is exclusive to our subscribers: subscribe now and benefit from unlimited reading and other benefits. If you are already a subscriber, log in here. If you think this message is an error, please contact our customer service.

Source: Observadora

- Advertisement -

Worldwide News, Local News in London, Tips & Tricks

- Advertisement -