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Amazon Sellers See ‘Scary’ Holiday Season as Consumers Pull Back (AMZN)

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Aug 25, 2023

Amazon Sellers See ‘Scary’ Holiday Season as Consumers Pull Back (AMZN)

Spencer Soper Subscriber Benefit Subscribe Amazon.com Inc. sellers are bracing

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Amazon.com Inc. sellers are bracing for a bleak holiday shopping season as inflation-bitten consumers curb their spending.

Many merchants, who sell more than half of the goods on Amazon's web store, fear they’ll be forced to cut prices to move a mountain of unsold inventory. It's an abrupt change from the previous two years when sellers scrambled to get enough products into Amazon warehouses to meet pandemic-fueled demand even as chronic shortages let them jack up prices.