From big-box chains Walmart (WMT.N) and Best Buy (BBY.N) to specialty retailers like Savage X Fenty and Adore Me, retailers' subscription programs are facing growing scrutiny.
Amazon is under fire from the U.S. Federal Trade Commission, which filed a lawsuit against it in Seattle.
Amazon "substantially revamped its Prime cancellation process" to some customers before the lawsuit was filed, according to the complaint.
He withdrew the lawsuit, according to the court docket.
Best Buy in 2021 launched a subscription program offering tech support and discounts on products.
Persons:
Amazon, William Kovacic, Kathleen Benway, SAVAGE, Savage X, Savage, Ranjan Roy, Me's, Morgan Stanley, Spencer Sheehan, Arriana McLymore, Kate Masters, Siddharth Cavale, Muralikumar
Organizations:
YORK, Amazon.com Inc, Euromonitor Inc, U.S . Federal Trade Commission, FTC, Amazon, George Washington University Law School, FTC's, Consumer, WALMART, BEST, Walmart, Thomson
Locations:
Seattle, United States, U.S, Europe, California, Michigan, New York City