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Anne D'innocenzioFortune |
“Elevated costs in fuel and logistics have increased the cost of operating across the industry,” Amazon said in an emailed statement.
Some retailers are already warning of the impact on their customers if gas prices keep rising.
One-hour delivery slots are available in hundreds of places.
”It’s difficult, if not impossible, to put food on the table, put gas in the car and pay rent when you are not getting paid," the letter said.
Target also said it believes net sales will grow every quarter this year.