Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Hodgson says Ottawa is close to providing clarity on B.C. tanker ban – Oil & Gas 360

November 26, 2025

bp taps Seatrium for Tiber FPU, expanding deepwater project portfolio

November 26, 2025

Petrobras expected to delay Buzios drilling contracts into 2026 amid global rig slowdown

November 25, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Amazon’s Prime Day is still drawing deal-hungry shoppers
Inflation + Demand

Amazon’s Prime Day is still drawing deal-hungry shoppers

omc_adminBy omc_adminJuly 9, 2025No Comments3 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


NEW YORK (AP) — The first day of Amazon’s Prime Day event and competing retail sales that kicked off on Tuesday drove solid online spending compared to a year earlier, according to two data sources.

Adobe Digital Insights, which tracks visits to e-commerce sites, reported that U.S. consumers spent $7.9 billion at online stores on Tuesday, a 9.9% increase from the comparable day last year.

Retailers offered discounts in the range of 9% to 23%, on par with July 2024 sales events, Adobe said.

Shoppers appeared especially eager to take advantage of deals on appliances, electronics and home improvement products, the data company said. Online sales of appliances were 135% higher than last month’s daily average, according to Adobe’s data.

Back-to-school items also were popular. Spending increased threefold on school supplies like backpacks, lunchboxes and stationery, and was two times higher for college dorm fixtures like mattresses, mini refrigerators and microwave over, Adobe said.

Amazon doubled the length of Prime Day to four days this year. Walmart also added two more days to its summer deals event, which started Tuesday as well.

Retail analysts are evaluating this week’s sales for clues on whether President Donald Trump’s trade policy and unpredictable tariffs affect prices and consumer behavior.

Adobe noted that strong deals drove many shoppers to “trade up” to higher-ticket items. Across all categories the company tracks, the share of the most expensive goods increased by 20%, compared to average levels year to date.

According to consumer data company Numerator, the average Prime Day order on Tuesday cost $58.37. However, the average household cost amounted to more than $106 as of 4 p.m. Eastern time because 42% of households participating in Prime Day placed more than two orders, the company said.

Numerator tracks U.S. retail prices through sales receipts, online account activity and other information from a panel of 200,000 shoppers.

Physical stores in the U.S. may see spillover traffic from online sales events this week as budget-minded customers comparison shop in search of the lowest prices, according to R.J. Hottovy, head of analytical research at Placer.ai. The location data company tracks people’s movements based on cellphone usage.

“We do still have a price-sensitive consumer that is actively monitoring price hikes and anything related to tariffs,” Hottovy said.

Despite ongoing economic concerns, Adobe said it expected online sales to spur a record $23.8 billion in spending from July 8 to July 11, which would represent 28.4% growth year over year.

Adobe’s numbers are not adjusted for inflation. However, the company said new demand, not rising prices, largely accounts for growing sales figures so far this year.

Seattle-based Amazon does not disclose how much it earns during Prime Day but said it would share some results from the four-day event on Saturday



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

New study shows global luxury shoppers are spurning high-end brands over steep price hikes

November 20, 2025

UK inflation drops to 4-month low, paving way for December rate cut

November 19, 2025

Sharp disagreements over economy threaten Federal Reserve interest rate cut

November 18, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20254 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20074 Views
Don't Miss

Petrobras expected to delay Buzios drilling contracts into 2026 amid global rig slowdown

By omc_adminNovember 25, 2025

(Bloomberg) – Brazil’s national oil company will likely delay awarding as many as four drilling…

Woodside signs five-year frame agreements with ABL for offshore support

November 25, 2025

DeepOcean advances diverless subsea methods in Gryphon Alpha FPSO disconnection for TotalEnergies

November 25, 2025

BriskFlow Launches OEM XBRL-ESG Reporting Integration Platform

November 25, 2025
Top Trending

Reverion Signs $41 Million in Carbon Removal Agreements with Google, H&M, Others

By omc_adminNovember 25, 2025

Ferrari Signs Renewable Energy Deal with Shell to Cover its Energy Needs in Italy

By omc_adminNovember 25, 2025

Just Climate Raises $375 Million for Natural Climate Solutions Strategy

By omc_adminNovember 25, 2025
Most Popular

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views

‘Looksmaxxing’ on ChatGPT Rated Me a ‘Mid-Tier Becky.’ Be Careful.

June 3, 20256 Views

Ring Founder on ‘Tough Day’ of AWS Outage: ‘We Got Through It’

October 24, 20253 Views
Our Picks

bp taps Seatrium for Tiber FPU, expanding deepwater project portfolio

November 26, 2025

Petrobras expected to delay Buzios drilling contracts into 2026 amid global rig slowdown

November 25, 2025

Oil Closes the Day Near Month Low

November 25, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

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