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Amazon touts 'biggest ever' Prime Day as U.S. online sales surge to $12.7 billion - TL;DR CNBC

Amazon touts 'biggest ever' Prime Day as U.S. online sales surge to $12.7 billion

Publishing timestamp: 2023-07-13 13:17:11


Summary

U.S. online sales during Amazon's Prime Day promotion increased by 6.1% to $12.7 billion. Amazon reported selling over 375 million items, making it their "biggest ever" Prime Day. Home goods, fashion, and beauty were popular categories. Despite falling short of expectations, the results indicate strong consumer spending during the event.


Sentiment: POSITIVE

Tickers: TGTBBYKSSWMTAMZN

Keywords: kohl's corpwalmart inctarget corpbest buy co incbusiness newstechnologyonline retailamazon.com incretail industryinternet

Source: https://www.cnbc.com/2023/07/13/amazon-prime-day-more-than-375-million-items-sold.html


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