Amazon will take years to recover from a warehouse overbuilding binge during the pandemic

In 2022, it still added a third of Walmart's total capacity.

• Amazon saved up to $4 billion in 2022 by canceling or delaying warehouse openings, Wulfraat says.

• The company scaled back warehouse expansion last year in the face of an economic downturn.

• Last year, it still added capacity equal to about third of what Walmart built in its entire history, according to MWPV

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In 2022, Amazon added a third of Walmart's total capacity.

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It could take Amazon 3 years to recover from a pandemic-era warehouse expansion binge that left the e-commerce giant with too much space, according to new estimates from renowned consulting firm MWPVL International. A spokesperson for Amazon called this story "pure fiction."

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