March 12 (Reuters) - Amazon.com ( AMZN ) is planning to
move its Prime Day sale event up to late June, Bloomberg News
reported on Thursday, marking a rare shift in calendar for the
critical, decade-old shopping event.
Prime Day is marked by heavy discounts on categories ranging
from apparel and electronics, and its summer iteration coincides
with the back-to-school shopping season with parents and
students waiting to cash in on the deals.
The timing shift would also move Prime Day sales to Amazon's ( AMZN )
second quarter, which typically ends on June 30. The company did
not immediately respond to a Reuters request for comment.
Amazon's ( AMZN ) Prime Day event has taken place in July since its
launch in 2015, barring a change for two years during the
pandemic.
Last year, the event was extended to four days from the
usual two, and drove $24.1 billion in online spending across
U.S. retailers, up 30% from a year ago, according to data from
Adobe Analytics.
However, Amazon ( AMZN ) has also had to contend with competing deals
events from retailers such as Walmart ( WMT ) and Target ( TGT )
as these companies invest in their digital order fulfillment and
same-day delivery capabilities.
Contribution to U.S. sales from e-commerce almost doubled
for Walmart ( WMT ) in its most recently reported quarter, and the
company said customers using its option for delivery under three
hours grew more than 60% for fiscal year 2026.
(Reporting by Juveria Tabassum in Bengaluru; Editing by Arun
Koyyur)