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Amazon seeking to offload warehouse space as ecommerce boom wanes

May 24, 2022

Via: Charged

Amazon is seeking to offload more than 10 million square feet of warehouse space, as the ecommerce boom begins to wane, according to a report by Bloomberg.

As the demand surged for online purchases during the pandemic, Amazon commandeered warehouse space around the world and significantly expanded its operations.

However, according to the report, the ecommerce giant has found itself with an overabundance of space, as consumer habits shift once more.

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