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Home.forex news reportAmazon plans to move Prime Day event to June from July, Bloomberg...

Amazon plans to move Prime Day event to June from July, Bloomberg News reports

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March 12 (Reuters) – Amazon.com is planning to move its Prime Day sale event up to late June, ‌Bloomberg News reported on Thursday, marking a rare ‌shift in calendar for the critical, decade-old shopping event.

Prime Day is marked ​by heavy discounts on categories ranging from apparel and electronics, and its summer iteration coincides with the back-to-school shopping season with parents and students waiting to cash in on ‌the deals.

The timing shift ⁠would also move Prime Day sales to Amazon’s second quarter, which typically ends on June ⁠30. The company declined to comment to Reuters on the report.

Amazon’s Prime Day event has taken place in July since ​its launch ​in 2015, barring a ​change for two years during ‌the pandemic.

Last year, the event was extended to four days from the usual two, and drove $24.1 billion in online spending across U.S. retailers, up 30% from a year ago, according to data from Adobe Analytics.

However, Amazon has also ‌had to contend with competing ​deals events from retailers such as ​Walmart and Target as ​these companies invest in their digital order ‌fulfillment and same-day delivery capabilities.

Contribution ​to U.S. sales ​from e-commerce almost doubled for Walmart in its most recently reported quarter, and the company said customers using ​its option ‌for delivery under three hours grew more than 60% ​for fiscal year 2026.

(Reporting by Juveria Tabassum in ​Bengaluru; Editing by Arun Koyyur)



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