Jun. 28 at 10:31 PM
$AMZN AMZN U.S. Online Spending Tops
$26.4 Billion During Amazon Prime Day Event-Reuters
U.S. consumers spent more than
$26.4 billion online during Amazon's Prime Day event from June 23-26, up 9.3% from a year ago. Strong discounts on electronics, toys, appliances, and personal care products helped drive sales as shoppers stocked up on both discretionary and everyday items. While the average order value declined to
$47.66 from
$53.34 last year, higher tax refunds and continued promotional activity helped support overall consumer spending.