Amazon Starts Black-Friday Deals Early: What it Could Mean for Investors
Amazon (NASDAQ: AMZN) announced on Oct. 4 that it is starting Black-Friday deals earlier than ever. The move could be the e-commerce giant's strategy to alleviate supply chain concerns heading into the holiday season.
Shortages appear in several world economies, including for warehouse employees, truck drivers, port workers, and the list continues. The trend threatens to hamper the holiday shopping season by increasing shipping times, decreasing item availability, and raising prices. By starting Black-Friday sales earlier, Amazon hopes to spread out purchases over a longer time, reducing stress on its system.
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Source Fool.com
