This is an excerpt from Monday’s (5/3) Point of Sale retail supply chain newsletter sponsored by ArcBest.
The what. Amazon confirmed last week that its annual Prime Day sales bonanza will occur earlier than normal this year. Prior to last year, Prime Day always landed in July and acted as a jump-start to Q3 and a segway into the back-to-school season. During its Q1 earnings call, CFO Brian Olsavsky said Amazon intended to hold Prime Day earlier in the year in 2020, but those plans were thwarted...
https://www.freightwaves.com/news/an-early-prime-day-hurts-competitors-more-than-it-helps-amazon