Amazon to expand in business supplies after pandemic boosts sales in Europe

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

LONDON :Amazon plans to expand its business selling office supplies in Europe and internationally after the pandemic helped boost sales as companies shopped more online and looked for bulk discounts. The company is looking for high growth, high margin businesses to pursue as it plans to close all 68 of its ph

LONDON :Amazon plans to expand its business selling office supplies in Europe and internationally after the pandemic helped boost sales as companies shopped more online and looked for bulk discounts.

Amazon Business' gross sales in Europe grew at a compound annual rate of 25 per cent from 2020 to 2022, vice president Alexandre Gagnon said in an interview. The business offers potentially higher margins than Amazon's main consumer business, as making a smaller number of bulk deliveries is cheaper, per unit, than getting millions of small parcels to individuals' doormats.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon to expand office supplies business after pandemic sales boost in EuropeLONDON : Amazon plans to expand its business selling office supplies in Europe and internationally after the pandemic helped boost sales as companies shopped more online and looked for bulk discounts. Amazon Business' gross sales in Europe grew at a compound annual rate of 25 per cent from 2020 to 2022, v
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »