From Amazon dangles deeper 'Prime Day' discounts for stressed US shoppers
Amazon Prime members can also save up to 40% on items such as Sherpani bags and ZOA Energy drinks, by checking out using "Buy with Prime," directly from Amazon's third-party merchants., U.S. online sales during Amazon's Prime Day shopping event reached nearly $12 billion, up 8.5% from the previous year, as inflation-hit Americans pounced on discounted essentials and electronics, according to Adobe, which tracks online spending.
They "are looking to spend more on experiences, travel, and entertainment," Schulman added. Running Point Capital Advisors has exposure to Amazon through Exchange Traded Funds , among others. Amazon is also offering its first-ever Prime Day travel discounts this year, partnering with travel booking site Priceline to offer an additional 20% off on Priceline's Hotel Express deals, which offers 60% off hotels.which is offering extensive deals during its "Plus Week." Geared to Walmart + members, Plus Week began on Monday.is also giving out more discounts through its "Black Friday in July" savings event, which also began on Monday.
Bank of America projects this year's Prime Day sales event will generate $12 billion in gross merchandise value for Amazon in the United States, up 12% on year-over-year basis.
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