Amazon.com Inc (NASDAQ:AMZN) could strengthen its retail margins through warehouse automation and an expanding logistics network, as investments in fulfillment capacity and third-party parcel delivery create new opportunities, according to Jefferies. Following a discussion with a logistics industry expert, the broker said automation remains a key long-term competitive advantage for Amazon, helping reduce its exposure to labour shortages and wage inflation even if immediate cost savings prove limited.
Read on proactiveinvestors.com