financetom
Business
financetom
/
Business
/
US online sales hit $7.2 bln on first day of Amazon Prime Day event, Adobe says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US online sales hit $7.2 bln on first day of Amazon Prime Day event, Adobe says
Jul 17, 2024 7:22 AM

July 17 (Reuters) - Shoppers spent about $7.2 billion

online across retailers during the first day of Amazon's ( AMZN ) Prime

Day in the United States, according to a report from Adobe

Analytics on Wednesday.

Major retailers including Walmart ( WMT ) and Target ( TGT )

have launched deals and shopping events through July to attract

customers by offering deep discounts to compete with the Amazon ( AMZN )

sales event.

Adobe Analytics, which studies e-commerce transaction data,

had forecast that consumers could spend $7.1 billion online

across retailers on Tuesday, up 11.3% from a year earlier.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved