Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    American couple left New York City and bought a house in Italy for $13,000

    June 27, 2026

    Australia to double fines as child social media ban struggles to curb usage

    June 27, 2026

    Amazon Prime Day offers a glimpse into U.S. consumer

    June 27, 2026
    Facebook X (Twitter) Instagram
    Addison Markets
    • Home
    • USA
    • Europe
    • Business
    • Investing
    • Tech
    • Politics
    • Contact Us
    Addison Markets
    Home»Business»Amazon Prime Day offers a glimpse into U.S. consumer
    Business

    Amazon Prime Day offers a glimpse into U.S. consumer

    franperez66q@protonmail.comBy franperez66q@protonmail.comJune 27, 2026No Comments2 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Telegram Email


    Thomas Fuller | SOPA Images | Lightrocket | Getty Images

    U.S. online shoppers clawed for deals on electronics, appliances, items for children and everyday essentials during Amazon.com’s annual sales event Prime Day, spending more than $26.4 billion from June 23 through June 26, according to data firm Adobe Analytics.

    The multibillion-dollar spend marks a 9.3% year-over-year increase that retail experts attribute to high inflation and to shoppers purchasing more discretionary, long-lasting products.

    Adobe said that heavy discounts during the four-day Prime event drove many shoppers to purchase higher-priced items, including electronics, toys, appliances, and personal care products, suggesting retailers may need to continue offering deep discounts to move their products off shelves for the holiday season.

    In addition to discounts, tax refunds “could have provided a sizable tailwind to a lot of these discretionary categories,” CFRA Research analyst Arun Sundaram said. Tax refunds will not be a factor for most shoppers in the fall and winter months.

    Tax refund amounts increased 11.1% to $3,462 in 2026, according to data from the U.S. Internal Revenue Service, giving shoppers a financial boost to help with purchases they had been holding off on, Sundaram said.

    Shoppers also purchased kids’ items and apparel ahead of back-to-school season, personal hygiene products and home goods, signaling that the Prime Day customers aimed to stock up on products “that they were going to buy anyway,” Sonia Lapinsky, managing director of retail at consultancy Alix Partners, said.

    “It’s really pointing to that fatigued consumer. They’re not necessarily spending more — they’re just trying to spread what they have over better deals and discounts,” she said.

    Prime Day deals were on par with last year’s discounts, according to Adobe. Discounts for electronics averaged 24% compared to last year’s 23%; apparel discounts at 24% versus 23%; and toy discounts at 20% versus 19%.

    A separate survey by data firm Numerator, which tracked more than 178,000 Prime Day orders, showed that the average order size was $47.66, down from $53.34, a signal that some experts say shows that consumer strength is waning.

    Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    franperez66q@protonmail.com
    • Website

    Related Posts

    American couple left New York City and bought a house in Italy for $13,000

    June 27, 2026

    ‘Heated Rivalry’ and the boom in gay romance stories

    June 27, 2026

    Tanker struck in Strait of Hormuz as U.S.-Iran tensions escalate

    June 27, 2026

    Inflation as major reason to invest in global bond markets

    June 27, 2026

    How Kohl’s lost its way — and is trying to become relevant again

    June 27, 2026

    Before Trump Accounts, there was SEED OK: How kids were affected

    June 27, 2026
    Leave A Reply Cancel Reply

    Top Reviews
    Editors Picks

    American couple left New York City and bought a house in Italy for $13,000

    June 27, 2026

    Australia to double fines as child social media ban struggles to curb usage

    June 27, 2026

    Amazon Prime Day offers a glimpse into U.S. consumer

    June 27, 2026

    Amazon Prime Day offers a glimpse into U.S. consumer as shoppers navigate with pinched wallets

    June 27, 2026
    © 2026 All right reserved
    • Privacy Policy
    • Terms & Conditions

    Type above and press Enter to search. Press Esc to cancel.