Amazon Sellers Skip Offering Prime Day Discounts as Trump Tariffs Slam Costs: Report
6 Articles
6 Articles
Amazon sellers skip offering Prime Day discounts as Trump tariffs slam costs: report
Amazon sellers are offering fewer discounts during this week’s annual Prime Day sales event, saying their margins are too tight as they battle high costs from President Trump’s tariffs, according to a report. The online sellers pulling back on deals account for approximately 60% of the products sold on Amazon, according to a Bloomberg, as the four-day sales bonanza kicked off Tuesday. Dan Peskorske, whose Upstream Brands sells aluminum trays tha…
Several Amazon sellers skip offering Prime Day discounts as Trump tariffs slam costs: report
Amazon sellers are offering fewer discounts during this week’s annual Prime Day sales event, which started Tuesday, as President Trump’s tariffs begin to weigh on the retail industry.
Tech Report: Amazon Prime Day sees seller pullback, While Bezos sells shares, tech giants make headlines 41NBC News
(LILAMAX)- For the past week, millions of Amazon shoppers have been filling their carts in anticipation of major discounts for this year’s Prime Day. But some may be disappointed. According to Bloomberg, many online sellers are pulling back on deep discounts, citing tighter profit margins amid rising costs due to tariffs. Despite fewer deals, Amazon has extended the event to four days instead of the usual two. Analytics firm Adobe still projects…
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