Tag: wholesale distribution

After Amazon academy and foods, the company is planning to close its wholesale distribution section as well in India. After this closure, this is the third company that is exiting a culturally rich country. This is a great shock for the economy as well. Amazon is shutting down its wholesale distribution business in India as a part of the annual operating planning review process and cost-cutting measures. The distribution vertical is operated in three cities Bengaluru, Mysuru, and Hubli. It deals in buying fast consumable products from businesses and distributes them in wholesale. Directly to local shops like Kirana stores, pharmacies, and department stores to support their small business. Amazon did not say why it was shutting down the wholesale distribution offering. But the move ...