Amazon to launch Black Friday deals on Nov. 20

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Amazon.com Inc. said Monday that it will launch its Black Friday deals on Nov. 20, one week ahead of the actual day. During that week, the e-commerce giant will release promotions on items across a variety of categories including toys, gadgets and home and kitchen merchandise. Amazon has extended its returns window through Jan. 31, 2021 for items purchased through Dec. 31, 2020. Amazon is also hosting Small Business Holiday Deals between Nov. 26 and Nov. 30. Amazon has been focused on small businesses, with the company announcing that small- and medium-sized businesses saw sales surge 60% to more than $3.5 billion during this year’s Prime Day shopping event. Amazon stock has gained 69.3% for 2020 to date while the S&P 500 index is up 11% for the period.
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