New York CNN —Amazon is targeting retail rivals Shein, Temu and TikTok Shop with a new deeply discounted storefront that sells a wide array of products for $20 or less.
Called “Amazon Haul,” the mobile-only experience debuted Wednesday in the Amazon app and has everything from fashion accessories to home goods, plus clothes and electronics.
Amazon said in an announcement that a “majority” of the Haul items are under $10, with some even less than $1.
However, the cheap prices come with a caveat that items can take one to two weeks to be delivered.
Also, the store only accepts returns on items that are $3 or more.
Persons:
Neil Saunders, ”, ” Saunders, it’s
Organizations:
New, New York CNN, Shein, CNN, Amazon, Consumer Product Safety
Locations:
New York, United States, GlobalData