ReferIndia News Saks ending ecommerce partnership with Amazon: Report

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Saks ending ecommerce partnership with Amazon: Report

Published on: Jan. 31, 2026, 7:28 a.m. | Source: The Economic Times

Saks will wind down its Saks on Amazon storefront so it can focus on parts of its business it sees as spurring more growth. The partnership arose from Amazon's $475 million investment in Saks' business in 2024. The companies agreed to an arrangement in which Saks would sell products on Amazon, paying the e-commerce giant at least $900 million over eight years.

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