Amazon is planning to sublease part of its UK warehouse portfolio as it pulls back on space in the wake of declining e-commerce sales.
The online retail giant will sublease some space for which it has signed leases but not yet moved in, The Telegraph reported. It is not planning to sublease space it already occupies, the newspaper said.
A site in Bracknell, to the west of london, which was being fitted out last year, is one of the first properties that could be subleased. 
The move comes after Amazon said it was closing three of its older facilities across the UK at the…
Source: Amazon To Sublease UK Warehouse Space Amid Flagging Sales