NEW YORK, June 17 (Reuters) - Amazon.com's ( AMZN ) annual Prime
Day sales event is scheduled for July 8 through July 11,
expanding to four days from two days compared to last year, the
company announced on Tuesday.
"We're extending it to four days because our members have
told us they just need more time to shop the deals," Jamil
Ghani, Amazon ( AMZN ) vice president of worldwide prime, told Reuters.
Amazon's ( AMZN ) expanding Prime Day comes as U.S. shoppers and
retailers face uncertainty on how tariffs will impact prices and
product availability, said Rob Garf, senior vice president of
strategy and insights at retail marketing firm Cordial.
U.S. shoppers spent $14.2 billion, up 11% year-over-year,
during Amazon's ( AMZN ) July 2024 Prime Day event, according to
Adobe Analytics. The e-commerce giant often faces competing
sales events from Walmart ( WMT ), Target ( TGT ) and, now,
ByteDance's TikTok Shop, which are trying to lure shoppers into
spending early on back-to-school and back-to-college merchandise
including personal electronics, apparel and home goods.
The online retailer wants to entice younger shoppers to sign
up for its subscription service Prime, by offering discounted
memberships for people between the ages of 18 and 24 and other
perks. Prime subscriptions typically cost $14.99 per month or
$139 per year.