Amazon.com Inc. and other major retailers in France agreed to postpone Black Friday amid an outcry from smaller rivals, which have been campaigning to re-open physical stores before the promotional event. Amazon and traditional retailers, including Galeries Lafayette department stores, agreed to postpone the shopping holiday from Nov. 27 to Dec. 4. All non-essential stores in France have been shut since Oct. 30 when authorities imposed new restrictions to contain the spread of the virus. “Today, as many other French retailers and following the government’s recommendation, we decided to postpone Black Friday if this enables retailers to reopen before Dec. 1," Frederic Duval, general manager at Amazon France, said in a statement. Amazon generated 5.7 billion euros ($6.76 billion) in revenue in France last year, accounting for about 1% of retail sales in the country, Duval said.

Source: Mint November 20, 2020 16:52 UTC