Ron Burgundy Posted July 15, 2015 Share Posted July 15, 2015 Merchants participating in Amazon.com's much-advertised "Prime Day" sale saw an 80 percent rise in U.S. sales from a year earlier, according to preliminary data from e-commerce researcher ChannelAdvisor, although the event also drew ire from some shoppers. The one-day sale on Wednesday for members of Amazon's $99 per year Prime subscription service is similar to an annual sale by China e-commerce merchant Alibaba. Wal-Mart Stores Inc also launched an online sale on Wednesday, a sign that the nation's largest retailer was concerned that Amazon was gaining market share, Gilford Securities analyst Bernard Sosnick said. View the full article Quote Link to comment Share on other sites More sharing options...
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