Amazon.com Inc has started reducing the number of items it sells under its own brands amid weak sales, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
The company has also discussed the possibility of exiting the private-label business entirely to alleviate regulatory pressure, the report added.
Amazon did not immediately respond to a Reuters' request for comment.
- Reuters
Created by Tan KW | Aug 07, 2024
Created by Tan KW | Aug 07, 2024
Created by Tan KW | Aug 07, 2024
Created by Tan KW | Aug 07, 2024
Created by Tan KW | Aug 07, 2024