Amazon just launched an ultracheap bargain store that takes aim at rivals Temu and Shein. Just don’t look for it on your computer-Amazon is keeping the new store largely separate from its main site, for good reason. Financial Times Newsletter 14 November 2024.
Below: the fancy private label – name happy belly – that Amazon created for food in 2016, which looked a lot like the fancy brands Esselunga had in the 1960s and 1970s . Now there seems to have been a noticeable ‘change of pace’ with the new Amazon Saver first-price line.
Compiled 14 November, updated 15 November 2024
