Amazon's Not Done Investing in Warehouses. Here's What's Next.
Amazon (NASDAQ: AMZN) doubled its fulfillment network footprint from 2019 through 2021, but now it's focused on precision and speed.
While Amazon has gotten a lot of flack about potentially overbuilding its fulfillment network, it's not going to stop building. It's merely shifted the focus of its buildout to smaller warehouses closer to dense populations that can send items directly to customers' doorsteps in a matter of hours.
The investment is supporting a growing number of same-day shipments for its Prime members, and it could be the key to winning back retail sales from Walmart, Target, and other physical retailers.
Source Fool.com