(Reuters) -Amazon.com Inc said it has optimized its delivery network coming out of the COVID-19 pandemic, allowing it to increase delivery speeds and lower costs, while also reducing the ecommerce giant's carbon emissions. At a time of slack consumer demand, Amazon and other online retailers have also been making efforts to slash costs for home delivery and returns. Amazon this week said it was offering U.S. customers $10 to pick up a purchase rather than have it shipped to a home address. As the company tightens its belt after a period of explosive growth, it has made numerous moves to reduce delivery-related costs across the company. (Reporting by Kanjyik Ghosh and Juby Babu in Bengaluru; additional reporting by Baranjot Kaur, Editing by Franklin Paul)

Source: Wall Street Journal May 13, 2023 15:06 UTC