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Amazon Pulls All Washington Redskins Merchandise From Its Platform Over Name Controversy

Amazon.com Inc. (NASDAQ: AMZN) is pulling all merchandise related to the Washington Redskins on its e-commerce platform, CNBC reported Wednesday.What Happened The move comes after the National Football League called on the team to change its name, as rights groups objected a racial slur against Native Americans.In a note on Wednesday, Amazon asked sellers to review and remove any products related to the Redskins within 48 hours, CNBC reported."With the announcement from the Washington team and the NFL, we are removing products with the team's name and logo from our stores," the Seattle-based company told sellers, as reported by CNBC."Failure to properly close or delete all restricted product listings from your inventory may result in deactivation."Why It Matters Other leading retailers, including Walmart Inc. (NYSE: WMT), Nike Inc. (NYSE: NKE), and Target Corporation (NYSE: TGT), previously pulled Redskins-related merchandise from their platforms, Barron's reported earlier this week.Several of Redskins sponsors, including FedEx Corporation (NYSE: FDX), also called on the NFL team to change its name, as calls against racism increased in the wake of the death of George Floyd, an African American man who died in an encounter with the police in Minneapolis.Price Action Amazon shares closed 2.7% higher at $3,081.11 on Wednesday and added another 0.5% in the after-hours session at $3,096.00.See more from Benzinga * Amazon CEO Jeff Bezos's Net Worth Tops Pre-Divorce Height: Bloomberg Index * Facebook, Amazon, Apple, Google CEOs Agree To Jointly Testify Before Congress In Antitrust Case * Netflix Commits 0M To 'Support Black Communities' In US(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Read More...

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Amazon.com Inc. (NASDAQ: AMZN) is pulling all merchandise related to the Washington Redskins on its e-commerce platform, CNBC reported Wednesday.” data-reactid=”19″>Amazon.com Inc. (NASDAQ: AMZN) is pulling all merchandise related to the Washington Redskins on its e-commerce platform, CNBC reported Wednesday.

What Happened

The move comes after the National Football League called on the team to change its name, as rights groups objected a racial slur against Native Americans.

In a note on Wednesday, Amazon asked sellers to review and remove any products related to the Redskins within 48 hours, CNBC reported.

“With the announcement from the Washington team and the NFL, we are removing products with the team’s name and logo from our stores,” the Seattle-based company told sellers, as reported by CNBC.

“Failure to properly close or delete all restricted product listings from your inventory may result in deactivation.”

Why It Matters

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Other leading retailers, including Walmart Inc. (NYSE: WMT), Nike Inc. (NYSE: NKE), and Target Corporation (NYSE: TGT), previously pulled Redskins-related merchandise from their platforms, Barron’s reported earlier this week.” data-reactid=”26″>Other leading retailers, including Walmart Inc. (NYSE: WMT), Nike Inc. (NYSE: NKE), and Target Corporation (NYSE: TGT), previously pulled Redskins-related merchandise from their platforms, Barron’s reported earlier this week.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Several of Redskins sponsors, including FedEx Corporation (NYSE: FDX), also called on the NFL team to change its name, as calls against racism increased in the wake of the death of George Floyd, an African American man who died in an encounter with the police in Minneapolis.” data-reactid=”27″>Several of Redskins sponsors, including FedEx Corporation (NYSE: FDX), also called on the NFL team to change its name, as calls against racism increased in the wake of the death of George Floyd, an African American man who died in an encounter with the police in Minneapolis.

Price Action

Amazon shares closed 2.7% higher at $3,081.11 on Wednesday and added another 0.5% in the after-hours session at $3,096.00.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="See more from Benzinga” data-reactid=”30″>See more from Benzinga

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.” data-reactid=”35″>© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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