Shoppers find better deals this year as Prime Day fuels record $14.2B across e-commerce

Quick Summary:

Consumers avoided big-ticket purchases, but steep discounts drew in back-to-school shoppers and others — and not just at Amazon.

For the year up to the end of September, Adobe expects online spending to be up 7.3%.

It seems that there's Black Friday in July, and so people hold out to see what's going to happen around Prime Day for the brands that they're looking to shop,” Michael Wieder, co-founder and president of baby supplies brand Lalo, said by phone.

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Article Details

Author / Journalist: Daphne Howland

Category: EconomyBusiness

Markets: United States

Topics: Year Adobe Amazon Shoppers Event Compared Last According Sales Prime Online

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-18 @ 11:34:00 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 21675346

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