Latest news with #onlineSales
Yahoo
12-07-2025
- Business
- Yahoo
Amazon Prime Day 2025 racks up record sales figures, company says
Amazon stretched out its annual Prime Day sales event so that it lasted four days – twice as long as in the past – and, as a result, blew away previous sales figures. The online retailing powerhouse – and tech giant – said Prime Day 2025, which ran from July 8-11, was its biggest ever, the company announced Saturday, July 12, in a news release. Amazon's 11th Prime Day drove record sales and a record number of items sold, larger than any previous four-day period that included a Prime Day event, the company said. (The promotion became a two-day affair in 2019; this year, Amazon expanded it to four days for the first time.) U.S. online spending during Prime Day's four days amounted to an estimated $24.1 billion, according to Adobe. Its Adobe Analytics sales data tracks online transactions across U.S. retail sites. The data, which is aggregated and anonymized, doesn't directly track Amazon's sales but does reflect overall spending and suggest Prime Day demand. Spending for Prime Day amounted to "more than two Black Fridays – which drove $10.8 billion in online spending during the 2024 holiday shopping season – and sets a new benchmark for the summer shopping season," Adobe said in a news release. The total also surpassed Adobe's pre-Prime Day estimate of $23.8 billion in sales. "This year's extended Prime Day event delivered incredible savings to our members across millions of deals," said Doug Herrington, CEO of Amazon Worldwide Stores, in a news release. "We're thrilled to see record savings for our customers, who found great prices on the everyday essentials and products they love." Shopping: Here are the best still-live Amazon Prime Day deals you can buy today Herrington also saluted Amazon's employees, saying, "Their efforts made this our biggest Prime Day yet, and I'm grateful for their contributions." Independent sellers, including small and medium-sized businesses, also racked up record sales and a record number of items sold, according to Amazon. "We saw impressive sales not just on our Prime exclusive deals but across our entire catalog," said Anne Maza, co-owner of the small business Olivia Garden, in a statement. "Beyond the immediate revenue boost, we're especially thrilled about the increased brand awareness and the acquisition of new customers through the event.' A majority of shoppers (53.2%) made purchases on mobile devices, compared to on desktop computers, accounting for $12.8 billion of the spending, according to Adobe. The sales racked up despite economic uncertainties driven by President Donald Trump's tariff strategy and flagging consumer confidence. Among the products consumers snatched up during the Prime Day period, according to Adobe: Kids' apparel (up 250%, compared to average daily sales in June 2025) Home security products (+185%) School supplies (+175%) Refrigerators & freezers (+160%) Games (+160%) Headphones & speakers (+155%) Car seats (+145%) Luggage (+145%) Vacuum cleaners (+140%) Power tools (+135%) Computers (+125%) Smartphone accessories (+120%) Storage furniture (+120%) Televisions (+90%) Small kitchen appliances (+90%) Dorm essentials (+84%) Exercise equipment (+80%) Contributing: Paul Davidson and Betty Lin-Fisher, USA TODAY Mike Snider is a reporter on USA TODAY's Trending team. You can follow him on Threads, Bluesky, X and email him at mikegsnider & @ & @mikesnider & msnider@ What's everyone talking about? Sign up for our trending newsletter to get the latest news of the day This article originally appeared on USA TODAY: Amazon Prime Day 2025: Record sales in dollars, items purchased
Bloomberg
08-07-2025
- Business
- Bloomberg
Stock Movers: Amazon, First Solar, Bank of America
On this episode of Stock Movers: - Amazon (AMZN) shares are down. It's Amazon Prime Day. Adobe analyst Vivek Pandya says price drops in apparel, electronics and TVs are expected to be the deepest; Adobe expects Amazon and other US retailers to generate $23.8 billion in online sales during event. - First Solar (FSLR) shares drop. President Donald Trump called for new rules that would restrict access to tax incentives for solar and wind projects in an executive order on Monday. - Bank of America (BAC) shares fall after it was cut to hold from buy at HSBC. Analysts cited valuations are 'increasingly stretched' after a rally in the banks' stocks.
CNET
03-07-2025
- Business
- CNET
Prime Day 2025: How to Use Amazon Layaway for Big July Sales
Amazon Prime Day is happening July 8 through July 11, and it's one of the best online sales events of the year. Whether you're looking forward to getting a good deal on new tech, home goods or anything in between, there will probably be a deal for it on Prime Day. And if you're lucky, you might even be able to take advantage of Amazon's Layaway program for your next purchase. Amazon Layaway isn't available for everyone, so you'll either see the option in your account when checking out or you won't. If you're not sure if you're eligible, we'll show you where to look to see if your item is eligible and how it compares to other payment options available. For more, check out the early Independence Day deals you can grab right now before Prim Day kicks off. Check your item's eligibility for Amazon Layaway If an item you're looking at is eligible for layaway, you'll see a tag that says Reserve with Layaway -- you may also see this when you add it to your cart. If you don't see it, your item likely isn't eligible. Once you add all eligible items to your cart, select Reserve with Layaway at checkout next to each item you'd like to place on layaway. If you're using Amazon Layaway you will not have to have your credit checked, so you won't need to worry about this program affecting your credit. Amazon's layaway program isn't available for orders shipping to Connecticut, Illinois, Maryland, Ohio, Pennsylvania, Washington, DC or outside of the US. Also, Amazon may remove its layaway program even if you had it as an option before. How Amazon Layaway works Amazon divides the total price of the product you're buying into five payments -- not including tax and shipping. You'll pay 20% upfront and make four additional 20% payments on the scheduled dates Amazon assigns. Your bill will come due every two weeks, for a total of eight weeks. Taxes and shipping costs will be included with your final payment, so it'll be a bit more than the other payments. When you make the first payment, Amazon reserves your item until it's paid off -- just like typical layaway. Once you pay it off, Amazon will ship the item to you. You won't be charged interest while making payments, as you're not financing your order. What if I forget to make a payment? If you forget to make one of your scheduled payments, Amazon will send you an email letting you know your payment attempt was unsuccessful. If you don't make the payment before the next scheduled date, Amazon will cancel your layaway plan and refund all the money you've paid so far. You won't be charged any fees for overdue or canceled layaway plans. Also, if you have an overdue layaway plan, you won't be able to start a new layaway plan. If you decide to pay the balance in full ahead of time, log in to your Amazon account and go to My Orders > Order Details > Manage Payment Plans, and then click on Pay early. How is this different from Amazon's "Pay in 5 months" plan? If you've never seen the "Amazon Layaway" name being advertised for a product, but do see the "Or $$$/month for 5 months (no fees or interest)" under the price of an item, then you're actually in luck. Also subject to availability, your purchase is broken into five monthly installments instead of over the course of eight weeks. Like Amazon Layaway, there are no additional fees or interest charges. And unlike Amazon Layaway, your items are shipped immediately. Your first payment will include the taxes and any shipping charges that may be involved, but the remaining four payments will all remain the same price. How is this different from Amazon's Affirm payment plan? Using Amazon Layaway has no additional fees: Your only charges are for the product and any shipping costs and taxes. The Affirm payment plan lets you buy now and pay later, but you get your items immediately. This is because it finances your order, which means you'll have to go through a credit approval process first. However, with Affirm, if you miss a payment, it could potentially harm your credit score since Affirm reports some payment records, positive and negative, to the credit bureaus. Plus, it could come with interest, causing you to pay more in the long run -- Affirm payment options can range anywhere from six weeks to 60 months. Some transactions may also be interest-free. If you can wait eight weeks for the items you've ordered to be delivered, we recommend going with the layaway plan and avoiding buy now, pay later programs. For more, here's how to get Amazon Prime for free ahead of the big July sale.
Bloomberg
18-06-2025
- Business
- Bloomberg
Tycoon Wiese's Brait Seeks to Sell UK Retail Chain New Look Within a Year
Brait SE is seeking to sell its UK apparel chain in the next 12 months as the South African investment holding company backed by billionaire Christo Wiese winds down its portfolio to repay debt and return cash to investors. Talks with potential buyers of New Look are progressing as the retailer, which has about 400 stores, focuses on growing its online sales and reducing the number of outlets from which it sells dresses and jewelry across the UK, Brait Chief Executive Officer Peter Hayward-Butt said in an interview Wednesday.
Bloomberg
05-06-2025
- Business
- Bloomberg
Walmart Boosts Drone Deliveries in Effort to Speed Up Orders
Walmart Inc. is adding drone delivery in five new cities in a bid to expand online sales and get goods to shoppers faster. The world's largest retailer will start offering drone service at 100 stores across Charlotte, North Carolina; Tampa, Florida; Atlanta; Houston and Orlando, building on existing operations in northwest Arkansas and Dallas-Fort Worth. Walmart said it's the first retailer to scale drone delivery in five states.
