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In This List

Supplements highlight side effects of Amazon's bulky inventory

Architectural Shift In 5G Core Needed To Meet IoT Demands

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US Broadband Only Homes Surge In Q3 Ahead Of Disney+ Launch

South Korean Multichannel Industry To Survive With Right Strategies


Supplements highlight side effects of Amazon's bulky inventory

Amazon.com Inc. has transformed many industries, and the supplements business is no exception. As of June 2019, the e-commerce giant stocked some 17,840 vitamin and dietary supplement brands according to the Trust Transparency Center. In contrast, its nearest online competitor carried 2,161 brands.

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Source: AP Photo

Yet our article this week shows that this rapid growth is not without consequence. Not only do an increasing number of products not contain the nutrients they claim to, some include potentially harmful substances, such as pesticides.

Jim Emme, CEO of supplements-maker NOW Foods, bought and tested a series of rival products and had the results confirmed by third-party labs. Emme said he found about 50 adulterated products on Amazon in the first half of 2019. Other investigations have found similar results.

Amazon has been taking measures to tackle counterfeiting across the vast array of goods it sells. But it may be forced to adopt an even tougher stance on supplements if pending legislation is approved that would require such products to be registered with the Food and Drug Administration.

Supplements may be a tiny part of Amazon's empire, but the wider implications of carrying misleading and sub-standard goods make it an issue that merits the company's full attention.

Chart of the week: Cannabis stocks lose their high

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Automotive

Toyota exec: Battery electric car sales driven by subsidies, not natural demand

The head of the automaker's namesake brand in North America said incentives for consumers who buy all-electric cars are making it difficult to see what demand actually looks like.

Auto parts supplier profits to drop amid lower production: Moody's

Moody's said its outlook for the North American automotive parts supplier industry is negative.

Retail

Walmart's halt on gun, ammo sales could woo socially minded consumers, investors

Although Walmart's gun policy change has drawn some criticism, experts are not expecting a major impact on the retailer's revenue.

Costco CFO: 1st China store blew past 'very high expectations'

The company only has one more store planned for China, CFO Richard Galanti said Oct. 3.

Nike CEO informed about doping experiments, arbitrator finds

The U.S. Anti-Doping Agency also alleges that one of the experiments was conducted in Nike's laboratory.

Shoemakers lead same-store sales growth among consumer companies

Chart Watch: Deckers Outdoor and Crocs were among the U.S. retailers with the fastest-growing sales during the most recent quarter reported as of Sept. 11.

Consumer discretionary sector trails S&P 500 index in September

Some stocks of consumer discretionary companies were the best performers in the S&P 500 index for the second consecutive month.

Pier 1 Imports could close as much as 15% of its brick-and-mortar footprint

Chart Watch: U.S. real estate investment trusts have fairly limited exposure to Pier 1, with only two shopping center REITs and one industrial REIT reporting the retailer as a top tenant in their second-quarter financials.

Food, Beverage & Tobacco

Fraudulent supplements sold on Amazon pose risks to vendors, customers: experts

An increasing number of dietary supplements that contain unlisted ingredients — or no active ingredient at all — proliferate on the e-commerce platform.

Constellation Brands CEO bullish on cannabis investment, despite losses

Recently reformed U.S. cannabis laws, combined with the legalization of CBD products in Canada, boosts Constellation's confidence in its Canopy Growth investment.

Canadian cannabis producers grow recreational sales as share prices wilt

Revenue for some of Canada's largest cannabis suppliers continued to rise in the most recent quarter as their stocks plummeted in the one-year period ending in September.

Consumer staples stocks underperform S&P 500 in September

Molson Coors and Coty were the only stocks in the S&P 500 consumer staples index to record double-digit gains during the month.

Imperial Brands says CEO Alison Cooper to step down

The announcement comes a week after the British tobacco company cut its outlook for fiscal 2019.

S&P 500 Consumer Staples and Discretionary indices

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Consumer Edge is a weekly collection of critical developments across the automotive; retail; and food, beverage, and tobacco industries. Drawing on exclusive analysis and value-added content from the Consumer News team at S&P Global Market Intelligence, it is published every Thursday.