Around the Net

Why Prime Day Was a Win For Amazon, Other Retailers

Amazon’s self-created sales holiday on July 12 — Prime Day — set records for the two-year old event, and offered cues to longer-term shifts in retailing trends. Amazon’s success with Prime Day is a testament to the stickiness of its customers, whose growing numbers reveal the huge distance rival Walmart has to cover, according to experts.

Read the whole story at Knowledge@Wharton »

Next story loading loading..