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Amazon sets June sale to goose sales after virus crunch – CNBC

Amazon.com (NASDAQ:AMZN) – which postponed its annual Prime Day event due to the impact of the coronavirus pandemic – has set up a “summer sale” for June to boost sellers hurt by the outbreak and swimming in inventory, CNBC reports.

 

The company told brands it would launch a fashion sale June 22, to run anywhere from 7-10 days, and that participation in the event was “invitation only.”

 

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