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Amazon: Set Up to Deliver Strong ‘Multi-Year Profitability,’ Says Analyst
Throughout the pandemic, Amazon (AMZN) invested in its fulfillment and delivery network. The company has also been on a hiring spree and has raised wages. All have resulted in elevated costs. Now, to offset the cost increases, the ecommerce giant has announced its FBA (fulfillment by Amazon) fees are set to rise by an average of 5.2%, beginning on January 18. While this is bad news for sellers, specifically those who use the FBA service, Morgan Stanley’s Brian Nowak thinks it will be good news f
