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How Much Amazon Could Profit from Its New Holiday Seller Fee

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Amazon has introduced new fees and increased prices for both sellers and consumers this year.

Michael M Santiago/Getty Images

Wall Street was pleased with

Amazon
‘s

move to state a holiday fees for sellers. Analysts see the fee bringing in hundreds of millions of dollars in profit.

Citing higher expenses during the holiday season,

Amazon
.

com (ticker: AMZN) said it will impose a 35-cent per item “peak fulfillment fee” on merchants that use the Fulfillment by Amazon (FBA) service to sell products in the US and Canada from Oct. 15 through Jan. 14. If a seller uses FBA, Amazon handles picking, packing, and shipping items.

UBS

‘ Lloyd Walmsley, who has a Buy rating on the stock, sees the fee adding roughly $870 million in additional revenue in the fourth quarter. Walmsley now estimates approximately $7.4 billion in total consolidated operating income and profit margins of

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Natasa Stankovic Is Having The Holiday Of Our Dreams In Greece. Here’s Her Vacation Album

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Natasa Stankovic Is Having The Holiday Of Our Dreams In Greece. Here's Her Vacation Album

Natasa Stankovic shared this image. (courtesy: /natasastankovic__)

New Delhi:

Natasa Stankovic, holidaying in Greece currently, has been sharing stunning posts back-to-back on social media profile. The model, on Wednesday, shared a set of stunning pictures, in which she can be seen soaking up the sun. For her day out in the sun, Natasa opted for printed beachwear. “If it requires a bikini, my answer is yes,” she wrote, adding a blue heart emoji and waves emoji. Before that, she shared a photodump featuring Hardik Pandya and their son Agastya. “Summer memories last forever,” read the caption on Natasa Stankovic’s Instagram post.

See the posts shared by Natasa Stankovic here:

In a separate post, Natasa Stankovic curated a reel from her moments in an Instagram reel and she added the song How Deep Is Your Love. No caption needed.

A few days ago, Natasa shares these pictures of

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Labor Day by the numbers: Facts and stats about the holiday

Ironsides Macroeconomics managing partner Barry Knapp provides insight into the job market amid inflation.

Americans will celebrate Labor Day this year on Monday, Sept. 5, 2022.

The federal holidayswhich is observed on the first Monday of September each year, was established in 1894 by President Grover Cleveland.

Yet the day dates back 140 years and was celebrated in New York City in accordance with the Central Labor Union, according to the US Department of Labor.

In the late 1800s, American laborers worked for 12 hours per day on average in poor conditions, which led to protests and the formation of labor unions, according to History.com.

LABOR DAY MEANING: A BRIEF HISTORY OF THE HOLIDAY AND WHY WE CELEBRATE

Contemporary celebrations for Labor Day include enjoying some rest and relaxation, going on vacation and attending social gatherings.

Here’s a look at 10 number-based facts about Labor Day.

laborers stand on industrial site

Labor Day is

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