Here's How Amazon Looks To Boost Sales Slowdown Via Amazon Prime

Amazon.com, Inc AMZN looks to hold a second shopping event for Prime members in the fourth quarter, according to a notice viewed by CNBC.
Amazon gears up for Prime Day on July 12 and 13, its annual shopping extravaganza to attract new subscribers.
Also Read: Amazon Prime Day Braces For Slowdown Like Alibaba On Pandemic Recovery, Inflation Concerns
Amazon intimated privileged third-party merchants of a “Prime Fall” deal event seeking submission of limited-time “lightning deals” by July 22.
The fall event could help drum up additional sales for Amazon, which booked the slowest quarterly revenue growth in April since the dot-com bust in 2001. It could also help retailers eliminate additional inventory accumulated due to pandemic recovery and inflation.
Amazon trimmed investment in its delivery operations to absorb the impact of the changes in shopping trends following pandemic recovery and inflation.
Price Action: AMZN shares traded lower by 5.21% at $107.32 on the last check Tuesday.

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