Amazon halts construction of new warehouses in Spain until 2024, El Confidencial reports – Reuters - eComEmpireStore + Brought to You By: Robert Villapane Ramos

Amazon halts construction of new warehouses in Spain until 2024, El Confidencial reports – Reuters

The Amazon logo is displayed on a sign outside the company's LDJ5 sortation center, in the Staten Island borough of New York City, U.S. April 25, 2022. REUTERS/Brendan McDermidMADRID, Sept 19 (Reuters) – Amazon.com Inc (AMZN.O) has suspended the construction of new warehouses in Spain until 2024, Spanish news website El Confidencial said on Monday, […]



The Amazon logo is displayed on a sign outside the company's LDJ5 sortation center, in the Staten Island borough of New York City, U.S. April 25, 2022. REUTERS/Brendan McDermid
MADRID, Sept 19 (Reuters) – Amazon.com Inc (AMZN.O) has suspended the construction of new warehouses in Spain until 2024, Spanish news website El Confidencial said on Monday, citing unidentified company sources.
El Confidencial said the U.S. e-commerce giant told its providers and partners to "wait and see" as pandemic-driven online shopping has slowed down.
Amazon said in an emailed statement to Reuters: "Our commitment to Spain remains."
"In 2022, we have opened new logistics stations, Amazon Fresh hubs and a logistics centre (in Spain)," the company said, without elaborating.
Amazon said in June it planned to add 2,000 new jobs in Spain in 2022, taking its total payroll in the country to 20,000. read more
Our Standards: The Thomson Reuters Trust Principles.
Germany's general data retention law violates EU law, Europe's top court ruled on Tuesday, dealing a blow to member states banking on blanket data collection to fight crime and safeguard national security.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.
The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.
The industry leader for online information for tax, accounting and finance professionals.
Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.
Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.
Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.
All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.
© 2022 Reuters. All rights reserved

source

storefronts06-20
US