Amazon’s “Summer Sale” event aims to boost retailers impacted by COVID-19
Amazon has announced “Summer Sale” event that’s designed to provide a boost for sellers feeling the impacts of the coronavirus pandemic and the delay of the company’s annual Prime Day event.
The event will begin on June 22, and is expected to run anywhere from 7 to 10 days long, reports CNBC.
Amazon is still finalizing details around the event, which isn’t named, but has been given a working title of the “Biggest Sale in the Sky.” The company is in the process of finalizing the landing pages for the event and asked sellers to submit deals for items with a discount of at least 30%.
It’s unclear what items will be discounted as part of the sale or whether it will be restricted to Prime subscribers.
The summer sale will likely help some retailers sell the extra inventory that’s accumulated in their warehouses over the past months.
More Amazon news
Amazon lists thousands of banned and unsafe products
Dangerous products for sale on AmazonThe platform was found to have 4,152 items that were deemed unsafe by federal agencies, labeled misleadingly, or banned by federal regulators by a report from The Wall Street Journal.These listings, many of which were...
Amazon Launches Operations in Israel
Amazon expands to the fast-growing Middle East marketAmazon announced the start of operations in Israel and launched a website encouraging sellers to start deliveries to Israeli customers.Amazon Services website in both Hebrew and English offers local and...
Amazon Will Invest $15 Billion in Third-Party Sellers
Amazon invests in new tools to help sellers grow their businessThis year Amazon is going to invest $15 billion in new tools, services and programs designed to assist its third-party sellers.Since the start of 2019, Amazon has launched 150 tools and...