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BBCNEWS World Business Report June 4, 2024 05:41:00

From this really dangerous combination of unprecedented cost inflation and sluggish consumer demand. in amazon because my case it has been exacerbated by the fact that during the pandemic, they over hired and over expanded, in order to keep up with that huge but as we now know a temporary surge in demand for online shopping and cloud computing and now there has been this huge recalibration, a huge reset amongst consumers where we are no longer confined to our homes and what we are seeing is that shoppers are abandoning e commerce, returning to stores, looking for value, returning to stores, looking forvalue, notjust returning to stores, looking for value, notjust a convenience, and they are delaying there discretionary buys. none of this bodes well for amazon, buys. none of this bodes well foramazon, it buys. none of this bodes well for amazon, it is very much reflected in the figures we see today. reflected in the figures we see toda . , today. one thing they were rel in: today. one t ....

Cost Inflation , Consumer Demand , Cloud Computing , E Commerce , Well Foramazon , Operating Income , Cloud Service Business , Profit Driver ,