
It has implemented additional safety measures within Whole Foods Market stores, including providing plexiglass barriers between cashiers and customers at checkout, rolling out enhanced cleanliness and sanitation protocols, and enforcing social distancing guidelines. It has expanded Whole Foods Market grocery pickup from roughly 80 stores to more than 150, adjusted store hours for select locations to focus exclusively on fulfilling online grocery orders during certain times, and has made it easier for customers to see when the next delivery window is available on the Prime Now, Amazon Fresh, and Whole Foods Market homepages. Amazon says it’s working hard to increase order capacity for Prime Now, Amazon Fresh, and Whole Foods Market.
It has removed over one million offers from its stores due to COVID-based price gouging and suspended more than 10,000 selling accounts globally for violating our fair-pricing policies. Prioritizing the stocking and delivery of essential items to ensure the fastest delivery of household staples, medical supplies, and other critical products. In addition to outlining how Amazon plans to help employees, the retailer also detailed several moves it’s making to help its customers, which include: “There is a lot of uncertainty in the world right now, and the best investment we can make is in the safety and well-being of our hundreds of thousands of employees,” Bezos said.Īdditionally, Inc has told staff whose job can be done from home that they can do so until at least Oct. The estimated $4 billion includes investments in personal protective equipment, enhanced cleaning of its facilities, less efficient process paths that better allow for effective social distancing, higher wages for hourly teams, and hundreds of millions to develop its own COVID-19 testing capabilities. Instead, we expect to spend the entirety of that $4 billion, and perhaps a bit more, on COVID-related expenses getting products to customers and keeping employees safe.” “Under normal circumstances, in this coming Q2, we’d expect to make some $4 billion or more in operating profit. “ If you’re a shareowner in Amazon, you may want to take a seat, because we’re not thinking small.
“ Providing for customers and protecting employees as this crisis continues for more months is going to take skill, humility, invention, and money,” stated Bezos. The real bombshell dropped in the e-commerce retailer’s results came from CEO Jeff Bezos.
Not surprisingly, Amazon’s first quarter saw a 26% spike in revenue amid the coronavirus and shelter in place mandates.