Page 20 - Amazon Essentials News Today

(Reuters) - Amazon.com is shelving several private clothing brands in an attempt to reduce costs and address antitrust scrutiny, a source familiar wit...

As a potential FTC antitrust lawsuit looms in the background, Amazon plans to reduce its in-house brands. According to The Wall Street Journal, the retailer will eliminate 27 of its 30 clothing brands and all of its private-label furniture lines. It isn’t clear how many other areas the cuts could affect, but the Amazon Basics brand appears to remain largely, if not wholly, intact. The retailer told the WSJ that it looks to eliminate products that “aren’t resonating with cust...

The move was first reported by the Wall Street Journal, which said the company has decided to eliminate 27 of its 30 in house-label clothing division, leaving it with just Amazon Essentials, Amazon Collection and Amazon Aware.

Amazon.com is shelving several private clothing brands, a source familiar with the matter said on Thursday, as the e-commerce giant tries to cut costs and…

The move was first reported by the Wall Street Journal, which said the company has decided to eliminate 27 of its 30 in house-label clothing brands, leaving it with just Amazon Essentials, Amazon Collection and Amazon Aware.

The cost-cutting development comes as the agency is said to be preparing an antitrust case against the Everything Store.

Amazon's cost-cutting efforts now include removing in-house private-label brands. Here's what Amazon Private Brands VP shared.

As Amazon cuts costs and dodges regulatory scrutiny, Amazon Collection, Amazon Essentials, and Amazon Aware will be the company's only in-house brands going forward.

Financial Times Disney Explores Strategic Shift Away from Traditional TV to Focus on Streaming: CEO Bob Iger Walt Disney Co (NYSE: DIS) is exploring options for its portfolio of TV networks marking its focus on film studios, theme parks, and streaming. CEO Bob Iger mentioned that the company is considering strategic partnerships for ESPN, with the likelihood that its premium sports programming will eventually shift entirely to streaming. Iger was obvious that the linear TV assets are for sale, s

As a potential FTC antitrust lawsuit looms in the background, Amazon plans to reduce its in-house brands. According to The Wall Street Journal, the retailer will eliminate 27 of its 30 clothing brands and all of its private-label furniture lines. It isn’t clear how many other areas the cuts could affect, but the Amazon Basics brand appears to remain largely, if not wholly, intact. The retailer told the WSJ that it looks to eliminate products that “aren’t resonating with cust...