Amazon’s Prices Surge On Tariff Pressure, Outpacing Rivals Walmart And Target

Benzinga

Amazon raised prices 12.8% this year — more than Walmart and Target — as tariffs and inflation pushed costs higher, especially in home goods and apparel. Analysts say Amazon’s third-party sellers are less able to absorb tariff pressure, driving sharper price increases. Despite this, Amazon’s online sales and third-party services revenue continued to grow.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Amazon has raised prices 12.8% this year, more than rivals Walmart and Target,

00:06as Trump-era tariffs and inflation drive up retail costs, according to CNBC.

00:11DataWeave's analysis of 16,000 products shows Target prices rose 5.5% and Walmart's 5.3%,

00:18while Amazon saw sharper increases in categories like home goods and apparel.

00:22Experts say Amazon's reliance on third-party sellers who lack pricing flexibility

00:26amplifies tariff effects. Despite higher prices, Amazon's online sales rose 10% in the third quarter,

00:33and third-party services revenue climbed 12%.

00:35Walmart and Target said they are holding or cutting some prices to offset tariff-related costs.

00:39For all things money, visit Benzinga.com.

Category

Transcript

Be the first to comment

Recommended