Tags: amazon | prime | day | back | school | sales

Amazon Prime Day to Boost US Online Sales to $23.8B: Adobe

Amazon Prime Day to Boost US Online Sales to $23.8B: Adobe
(AP)

Tuesday, 08 July 2025 07:28 AM EDT

Online spending is expected to surge 28% to $23.8 billion across U.S. retailers during a 96-hour Amazon Prime Day event this week, according to an Adobe Analytics forecast released Monday, as shoppers seek strong discounts on back-to-school gear ranging from apparel to electronics.

Urgent: The #1 Stock Every Investor Needs in the New Trump Economy... See Here

Sales from July 8 to 11 are projected to rise 28.4% compared with the same period last year, the report said. Retailers recorded online sales worth $14.2 billion during the two-day Amazon shopping event last July.

"This is equivalent to two Black Fridays," Adobe noted, adding that budget-conscious consumers are adjusting their shopping habits by using generative AI to find deals and get an early start on back-to-school purchases.

Global trade uncertainties, fueled by President Trump’s unpredictable rollout of tariffs, have unsettled consumer confidence and put businesses on edge ahead of the July 9 deadline for countries to negotiate trade agreements with the United States.

E-commerce giant Amazon.com has extended its sales window to 96 hours, up from 48, as competitors such as Walmart and Target launch their own promotions.

Shoppers are expected to take advantage of steep discounts to “trade up” to higher-ticket items such as electronics, sporting goods, and appliances, while opting for more affordable alternatives in categories like home and garden or groceries.

Clothing is forecast to see the deepest discounts at 24%, up from 20% last year, while discounts on electronics are expected to dip slightly to 22%, according to Adobe Analytics.

Sales of backpacks, lunchboxes, and college essentials—including headphones and computers—are also expected to increase.

The data firm expects Buy Now Pay Later (BNPL) usage to increase slightly during the Prime Day event, accounting for 8% of overall online spending compared to last year's 7.6% share.

Adobe's forecast is based on an analysis of 1 trillion visits to U.S. retail ecommerce sites, covering 100 million SKUs and 18 product categories.

© 2025 Thomson/Reuters. All rights reserved.


StreetTalk
Online spending is expected to surge 28% to $23.8 billion across U.S. retailers during a 96-hour Amazon Prime Day event this week, according to an Adobe Analytics forecast released Monday.
amazon, prime, day, back, school, sales
322
2025-28-08
Tuesday, 08 July 2025 07:28 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Newsmax2 Live
 
On Now:3:00a ET • Diana: Conspiracy Theories
Coming Up:4:30a ET • Shattered Lives
Get Newsmax Text Alerts

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© 2025 Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved