- Amazon (NASDAQ:AMZN) is launching a new donations program, called FBA Donations, that will become the default option for all third-party sellers when they choose to dispose of their unsold or unwanted products at fulfillment centers in the U.S. and U.K.
- Recent reports have found that Amazon routinely discards unsold inventory, with one French TV documentary estimating the retail giant to have destroyed over 3M products in France last year.
- The donations will be distributed to a network of U.S. nonprofits through a group called Good360 and U.K. charities such as Newlife and Barnardo's.