Amazon’s first-quarter results reflect rising costs and slowing demand, explains djtgallagher WSJWhatsNow
Inflationary pressures hit just as e-commerce giant is digesting massive fulfillment network expansion
The line between Amazon and Walmart is becoming increasingly blurred, as the two companies seek to maintain their slice of the estimated $5 trillion retail market while chipping away at the other’s share, often by borrowing the other’s ideas. Photos: Amazon/WalmartThe e-commerce giant’sThursday afternoon showed starkly the multipronged impact of rising costs and slowing demand in an inflationary environment. Total sales of $116.
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