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
New Amazon FBA Program helps to avoid getting Out of Stock
“In-stock head start” program makes inbound products available for sale Amazon is opening up a pilot program to allow selling temporarily out-of-stock items immediately, even before the goods arrive at a fulfillment center. The creatively titled In-Stock...
eBay launches its own fulfillment service next year
eBay is planning to take on Amazon eBay has announced plans to launch its own fulfillment service called Managed Delivery, which will provide end-to-end packaging and deliveries to its sellers. The e-commerce giant plans to launch Managed Delivery in the...
Amazon “destroyed the retail industry across the US”
US Treasury Secretary criticizes Amazon US Treasury Secretary Steven Mnuchin said that Amazon “destroyed the retail industry across the United States”. In his opinion the attorney general should investigate the company alongside other tech giants in the...