- Details
- 30 Jun 22
- Updated: 30 Jun 22
Amazon abates
FC openings
Admits overbuilt capacity.
Pulls back expansion plans
Amazon has delayed or canceled plans for at least 13 facilities in its distribution network this year. CFO Brian Olsavsky said in April that the company built more fulfillment network capacity (FC's) with “the high end of a very volatile demand outlook”. Regardless, It still has twice the delivery capacity of big rivals Walmart and Target combined