Why Is Closing Down Its Private Label Brands?

has decided to sell fewer products by its private label brands like basics, solimo and more. Because of the low sales.
The American multinational technology company, , which engages in e-commerce, cloud computing, artificial intelligence, and digital streaming, has recently announced that it is reducing some of its items. The brand is cutting down the products that sell under its brand like Basics. This leader in the e-commerce market mentions to the Wall Street Journal, "We never seriously considered closing our private label business and we continue to invest in this area, just as our many retail

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