This is quite significant given market is very bullish on Amazon (Goldman is just all over it). The expectations are set sky high to do well during these times. But if you look at things as consumer, it doesn't look so good. Personally, I've significantly less orders on Amazon these days because of huge delivery times. Sure, orders for "essentials" might have gone up but can that offset the gap? Also, sellers are ver…
This is sort of a "no one goes there anymore, it's too crowded" criticism. Huge delivery times are because they're getting so many orders (which means so much revenue, which means so much profit).
Is that completely true? I thought the delays were at least partially due to staffing problems (e.g. increased absenteeism, worker social distancing).