Other major retailers and Amazon rivals are struggling with the challenge of
excess inventory
could make July an unusual month for sales and discounts around the U.S.
Amazon, which is pulling back investment in its massive delivery operations
in an effort to cut costs following
Executives have acknowledged that the company overshot future demand
expectations
Amazon is now working to sublease at least 10 million square feet of excess
space while deferring construction of new facilities. The company closed
dozens of bricks-and-mortar stores this year