TECH - Amazon To Surpass Walmart This Year As Largest US Retailer: Analyst | Benzinga
Amazon.com Inc (NASDAQ:AMZN) saw its Prime Day sales increase by about 13% in the first six hours compared to the same period last year, according to Momentum Commerce.
“Consumers continue to spend, but they do so strategically, which can benefit a sale like Prime Day,” Bloomberg cites Sky Canaves, an analyst at eMarketer Inc.
Canaves expects shoppers to prioritize smaller items like headphones and chargers over big-ticket electronics like laptops.
Adobe Inc (NASDAQ:ADBE) estimates that online sales across all retailers will reach ...