Watch VideoAmazon isn't just grappling with the easing of pandemic-induced shopping splurges. The online retail behemoth is also contending with surging costs as it navigates a snarled supply chain and labor shortages.
Those challenges resulted in Amazon reporting a shortfall Thursday in third-quarter profits and sales. It...
Amazon Stumbles On Slower Sales Growth, Higher Labor Costs
Newsy
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Amazon Sales Growth Slows and Costs Rise
The company’s profit was lower, largely because of higher labor costs and huge investments in its delivery network.
NYTimes.com