Amazon creates a portal to shop from small- and medium-sized businesses
Amazon.com Inc. AMZN, -3.10% said Monday that it has launched a new store for those who want to shop from small- and medium-sized businesses in the U.S. Amazon Storefronts will offer more than one million products from nearly 20,000 businesses. Amazon shares are down 2.8% in Monday trading, and have lost more than $60 billion in market cap since an intraday high on September 4. Shares are up nearly 64% for the year to date. The S&P 500 index SPX, -0.31% is up 8.4% for 2018 so far.
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