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
Alibaba is expanding its operations in Europe
Alibaba plans to compete with Amazon in Europe Alibaba is investing further in Europe to compete with Amazon for the European Union’s exploding e-commerce market. Alibaba remained among the top three online sellers of consumer goods in eastern Europe last year,...
Amazon responds to criticism and launches new tools for sellers
New Amazon tools for sellers After facing criticism for allegedly copying popular products and manipulating search results, Amazon has announced new tools to help sellers identify promising product areas and understand search results. Product Opportunity Explorer...
New antitrust bill to stop Amazon from harming third-party sellers
US senators against Amazon A bipartisan group of senators in the US has announced plans to introduce a new antitrust bill that could reshape Amazon and other online marketplaces. The proposed bill would prohibit platforms from requiring companies operating on their...
