Author: Betty Garner

Amazon to Reportedly Stop Bulk Orders from Small Suppliers

Amazon to Reportedly Stop Bulk Orders from Small Suppliers

Amazon (AMZN) will stop placing bulk orders with thousands of small suppliers over the next few months, Bloomberg reported on Monday, citing three sources familiar with the company’s plans. Amazon is looking to cut costs and focus wholesale purchases from major brands such as Procter & Gamble (PG), Sony (SNE), and Lego, the sources said. This will ensure that the […]