Amazon Struggles to Keep Up With Demand Driven by Coronavirus
While many retailers deal with enormous challenges because of the Corona procedures, there is certainly a single business that is presently doing well – Amazon. For instance, the world’s major online retailer publicized recently that the company might hire one more 75,000 individuals to manage the growing number of consumers. The headline arrived only a month following the business declared that 100,000 new staff will be employed.
As important as these steps are for Amazon, additionally, they stand as proof to a major market change, a disadvantage to smaller merchants. Around the second half of 2019, the US group had grown three times faster than any retail. Amazon did not answer questions about the current development, but in the corona crisis, their business is surely doing good in this time. Now, the speculations arise that only major companies may survive this economic crisis due to the current health crisis.