Why Amazon Is Launching 1,000 Warehouses in Suburbia
Online retail titan Amazon (NASDAQ: AMZN) is muscling farther into the real-world delivery space with a scheme to dot the America's suburbs with 1,000 small warehouses, Bloomberg reports this morning. The company is placing these miniature fulfillment centers anywhere possible, using its own delivery vans to bypass other carriers such as the USPS, United Parcel Service, or FedEx, in many cases.
Sources close to the matter told Bloomberg the multi-channel retailer wants lightning-fast delivery throughout the United States. With the coronavirus pandemic still ongoing and e-commerce more popular than ever, the possibility of extremely quick delivery from a local distribution center could potentially win over customers who would prefer not to make a trip to the store.
Image source: Amazon.
Source Fool.com
