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Amazon Prime Day Shifts to June for First Time
13 Mar
Summary
- Amazon is planning to move its Prime Day sale event to late June.
- This marks a rare calendar shift for the decade-old shopping event.
- Last year's Prime Day drove $24.1 billion in online spending.
Amazon.com is reportedly planning a significant calendar adjustment for its Prime Day sale event, with reports indicating a move to late June. This change would mark a rare alteration to the timing of the critical, decade-old shopping occasion.
The shift would strategically place Prime Day sales within Amazon's second fiscal quarter, which typically concludes on June 30. The company has declined to comment on the reports.
Since its inception in 2015, Prime Day has historically taken place in July, with notable exceptions occurring during the pandemic years. Last year's event, extended to four days, saw robust consumer spending.
In the previous year, the extended four-day Prime Day event facilitated $24.1 billion in online spending across U.S. retailers, representing a 30% increase from the prior year, according to Adobe Analytics data.
Amazon faces growing competition from retailers such as Walmart and Target, who are enhancing their digital fulfillment and same-day delivery services. These competitors are also investing heavily in their online offerings.
