Amazon (AMZN) CEO says have not seen any attenuation of demand yet and has seen some heightened buying in certain categories that may indicate stocking up in advance of any potential tariff impacts
Says:
- Have not seen average selling price of retail items appreciably go up yet and most sellers haven't changed pricing yet, but could change depending on where tariffs settle.
- Everyday Essentials grew more than twice as fast as the rest of the business and represented one out of three units sold in the US on Amazon.
- Third party sellers have pulled forward inventory, and we're encouraging that so that we can keep prices as low as possible.
01 May 2025 - 22:08- ForexImportant- Source: Newswires
Subscribe Now to Newsquawk
Click here for a 1 week free trial
Newsquawk provides audio news and commentary for over 15,000professional traders and brokers worldwide. Services include:
- Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
- Teams of analysts covering equities, fixed income, FX, energy, and metals markets
- Real-time scrolling news service with instant analysis
- Daily and weekly pre-market research and calendars
- Video updates covering near-term key risk events & primary trading themes
- One-to-one chat with our expert analysts