…from Axios….
Amazon has trained us “to buy everything from major appliances to daily staples online. Now it is having second thoughts about some of those sales because they don’t make money,” according to The Wall Street Journal’s Laura Stevens, Sharon Terlep and Annie Gasparro.
“Inside Amazon, the items are known as CRaP, short for ‘Can’t Realize a Profit…Think bottled beverages or snack foods. The products tend to be priced at $15 or less, are sold directly by Amazon, and are heavy or bulky and therefore costly to ship — characteristics that make for thin or nonexistent margins.”