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Amazon Prime memberships have more than doubled since its first members-only Prime Day discounts three years ago
The Amazon Prime membership program was $79 when it launched in 2005. Amazon has since upped the annual price to $119 having added a number of perks, including Prime Day — the members-only discount day that generated more dollars than Cyber Monday and Black Friday in 2017.
Amazon Prime Day is changing the holiday shopping calendar. Macy's, JCPenney, Lowe's, and other retailers are taking part in the promotional event by holding their own "Black Friday in July" sales.
As bad as it is to eat fast food and work all day, those habits seem to be slowly spreading around the world.
"Consumers continue to move Christmas purchases earlier with higher spending in November and lower spending in December than seen in previous years."
Analysis by PwC said shoppers can expect more discounts from high street and online retailers than were seen over the Black Friday weekend.
Several big retailers are trading much higher on Wednesday.
Amazon shares lost some ground despite an announcement that Cyber Monday was its biggest single shopping day ever.
It looks like the Black F...
The Nintendo Switch was the hottest product on Black Friday and Cyber Monday — and it wasn’t even on sale
Switch was the hottest online product on Black Friday and Cyber Monday without even being on sale, Jefferies finds.
Cyber Monday 2017 is now the single biggest shopping day in Amazon’s history, surpassing Prime Day 2017.