Amazon Prime Day total online spending surpasses Adobe estimate
Amazon Prime Day total online spending surpasses Adobe estimate
Online spending across all retailers in the US hit $26.4 billion during Amazon.com Inc.’s annual Prime Day sale, according to Adobe Inc., narrowly beating the firm’s earlier estimate of $26.3 billion.
The four-day event ended Friday, with competitors such as Walmart Inc. and Target Corp. hosting overlapping promotions. Total spending for the period was up 9.3% from last year’s Prime Day sale held in July, according to Adobe, which tracks visits to retail websites.
Discounts across retailers were........
