Amazon Poised to Unleash Purge of Small Suppliers, Sources Say

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{"text":"Two months ago, Amazon halted orders from thousands of suppliers with no explanation. Panic ensued — until the fans quietly resumed weeks later, with Amazon suggesting the pause was part of a campaign to weed out counterfeit products. Suppliers breathed a sigh of relief.\n\n\nNow, a larger, more permanent purge is coming that will upend the relationship among the world's largest online retailer and many of its longtime vendors.\n\n\nIn the next few months, bulk orders will dry up for thousands of mostly smaller suppliers, according to three people familiar with the plan. Amazon's aim is to cut costs and focus wholesale purchasing on major brands such as Procter & Gamble, Sony and Lego, The sources said. That will ensure the company has adequate supplies of must-have merchandise and help it compete with the likes of Walmart, Target and Best Buy.\n\n\nRead more: https://www.ttnews.com/articles/amazon-poised-unleash-purge-small-suppliers-sources-say ","videos":"[]","link":"{}","pics":"[]","canComment":true}

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