Amazon Says It Profits as Brick-and-Mortar Stores Lock Up Products to Curb Theft

Amazon CEO Andy Jassy revealed that their online pharmacy business is thriving as frustrated customers turn away from locked-up drugstore products.
Amazon Says It Profits as Brick-and-Mortar Stores Lock Up Products to Curb Theft
Workers at the Amazon pharmacy fulfillment center in Corona, Calif., on May 29, 2024. Amazon
Tom Ozimek
Updated:
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Amazon CEO Andy Jassy said that the company’s online pharmacy business has gained customers who are frustrated by locked-up products in physical drug stores, a measure many retailers have taken to prevent theft.

Jassy made the remarks on an earnings call with investors and reporters on Aug. 1 after the e-commerce giant released its second-quarter results, which showed a boost in profits but a miss in its revenue estimates.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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