Amazon.com, Inc (NASDAQ:AMZN) Set To Slash Seller Fees In A Bid To Improve Its Grocery Selection Online

0

The stock of Amazon.com, Inc (NASDAQ:AMZN) closed at $1,105.28 losing 0.50% in yesterday’s trading session. This company is expanding its operations in Georgia. Gov. Nathan Deal through a statement revealed that the retailer had plans underway to create more than 500 full-time jobs at a new fulfillment center in Macon-Bibb County.

A recent news release reported that Amazon was planning to set up the facility and that is why it decided to lease 1 million square feet of industrial space in Macon.

If all moves according to plan, the facility will employ about 600 full-time employees and during the peak season it is set to employ about 1,000 more people. That is according to a number of documents that were filed with the Macon planning commission.

At the moment, Amazon has about three operating fulfillment centers in Georgia located Lithia Springs, Braselton and Union City. An official working with the company disclosed that they remained committed to fulfilling their promise of picking, packing as well as shipping large-sized items for customers including sporting equipment ,household furniture and gardening tools as well.

According to him, serving customers efficiently was one of the top business strategies. As a company they have been doing all within their means to ensure that they served all their customers with greater efficiency.

Amazon’s spokesperson opined, “By expanding our operations, we will be able to uphold our relevance in the market as well as generate more revenues. Times are fast changing and countering the fierce business competition is something that any vibrant business looks forward to counter.”

This company has also resolved to slash the seller fees in a bid to slash its grocery selection online. However, it attests to the fact that the economics of selling low-priced packaged goods online isn’t an easy undertaking.

Sometime back, Amazon got in touch with a number of businesses selling non-perishable grocery items informing that it would soon start lowering fee it charges them on items priced at $15 or less.

LEAVE A REPLY

Please enter your comment!
Please enter your name here