Inside the warehouse poised to process your unwanted gifts this holiday [BNN Bloomberg (Canada)]
Amazon.com, Inc. (AMZN)
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Source: BNN Bloomberg
A cacophony of beeps will ring out across the facility as workers scan packages stuffed with unwanted items ranging from Skims body suits to '47 ball caps to True Classic T-shirts. They will scurry between shelves and metal cages overflowing with thousands more. Every time space appears, another delivery truck will arrive to make the scene even more frenetic. But unlike Santa's workshop, this operation won't be pumping out gifts. It will be processing returns on behalf of retailers flooded with goods customers send back for refunds after the holiday season peaks. “Right now, we start at 8 a.m. and go to 5 p.m., but we're going to end up pushing it from 9 a.m. to 9 p.m. and it will go on like that until February,” said Ahmed Saeed, head of operations at ReturnBear, as he wandered its warehouse a few days after Black Friday. The Canadian company — founded in 2021 as a way to accept returns from customers and prepare them for their next home — is a small but mighty cog in a “rever
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AMZN
Earnings
- 10/30/25 - Beat
AMZN
Sec Filings
- 12/3/25 - Form 4
- 11/25/25 - Form 4
- 11/25/25 - Form 4
- AMZN's page on the SEC website