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  4. Amazon to charge extra fee to certain sellers during holiday season
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Amazon to charge extra fee to certain sellers during holiday season

(Reuters) - Amazon.com Inc (NASDAQ:AMZN) said on Tuesday it would charge an additional fee to certain sellers during the upcoming holiday season to offset rising costs of labor...
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Amazon to charge extra fee to certain sellers during holiday season © Reuters. FILE PHOTO: Logos of Amazon and Amazon Prime are pictured on vehicles outside the Amazon Fulfilment Centre in Altrincham, near Manchester, Britain, November 26, 2021. REUTERS/Carl Recine/

(Reuters) - Amazon.com Inc (NASDAQ:AMZN) said on Tuesday it would charge an additional fee to certain sellers during the upcoming holiday season to offset rising costs of labor and logistics.

A fee of 35 cents per item will be charged on goods sold via Amazon's warehouse and logistics network in the United States and Canada from Oct. 15 through Jan. 14, the company said in an emailed statement.

"We have previously absorbed these cost increases, but seasonal expenses are reaching new heights," Amazon said.

Inflation is posing severe challenges to the U.S. retail landscape by driving up costs of labor and transportation, while forcing consumers to pull back on spending.

Amazon, which had hiked prices for its Prime service by 17% in the United States in February, said in July that it was slowing down warehouse openings to rein in costs.

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 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
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 US Coffee C213.73↑ Sell
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 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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