Technology

Amazon Aims to Sublet, End Warehouse Leases as Online Sales Cool

Amazon Aims to Sublet, End Warehouse Leases as Online Sales Cool

Amazon.com Inc., stuck with too much warehouse capacity now that the surge in pandemic-era shopping has faded, is looking to sublet at least 10 million square feet of space and could vacate even more by ending leases with landlords, according to people familiar with the situation. The excess capacity includes warehouses in New York, New Jersey, Southern California and Atlanta.

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