Post a Free Blog

Submit A Press Release

Thursday, March 28, 2024
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Truck Series (TRUCK)
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
-- Advertisement --spot_img
HomeBusinessAmazon Under Pressure in France Postpones Black Friday

Amazon Under Pressure in France Postpones Black Friday

 

 

 

A recent import from the US, spurred by retail giant Amazon, Black Friday has been postponed by the French government. Although the rest of the world doesn’t celebrate Thanksgiving, Black Friday, the sale that follows this American holiday, has spread across the UK, Europe and other countries.

 

Small retailers worldwide, especially in France, are angry with Amazon’s tight grip and soaring revenues through online sales with huge discounts while they pay taxes and have to remain shutdown due to the spread of COVID-19.

 

The government has announced the delay of Black Friday and holiday discounts to December 4, 2020 to give small retailers of non essential goods a level playing field.

 

“Let us open or we will die,” Yohann Petiot, the director general of France’s Alliance du Commerce, told government officials.

 

Stores “will be able to open as soon as health indicators improve,” Prime Minister Jean Castex said on Friday.

 

The Mayor of Paris Ann Hidalgo, trade activists and environmentalists circulated an online petition “Noel Sans Amazon” ( Christmas Without Amazon). Addressed to Santa Claus it describes Amazon as a tax dodging Grinch who destroys jobs, small businesses and the environment.

 

It remains to be seen if pushing back online sales will have an effect on small time retailers though it will give them some time to set up websites and online sales options. The pandemic has been a windfall for giant retailers including Amazon and Walmart while sweeping away small retailers.

 

Source NY Times

Subscribe to get Latest News Updates

Latest News Articles

You may like more
more

Bloom Energy’s Price Target Cut at Susquehanna

Susquehanna analysts adjusted their price target for Bloom Energy...

Nio Shares Drops 6 percent Following Slashed Q1 Delivery Outlook

NIO (NYSE:NIO) shares fell more than 6% intra-day today...

nCino Shares Jump 19 percent Following Q4 Earnings

nCino (NASDAQ:NCNO) shares surged more than 19% intra-day today...

Tesla’s Price Target Cut at Citi Ahead of Q1 Deliveries

Citi analysts revised Tesla’s (NASDAQ:TSLA) price target down to...