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Report: Amazon's private brands could add Report: Amazon's private brands could add $1 billion in gross profit - Business Insider billion in gross profit - Business Insider
Amazon's nascent effort to sell products that carry its own brands could give its commercial activity a large windfall. The e-commerce animate being offers everything from burgers to beauty products under its compendium of 34 private-label brands. Combined, income of those products could add $1 a billion to its total profit by 2019, Morgan Stanley analyst Brian Nowak said in a research bill issued Tuesday.