Amazon's Day 1 Prime Day Sales Dropped 41%, Report Finds
1. Prime Day sales down 41% on first day compared to last year. 2. Sales expected to grow 9.1% over four days despite early decline. 3. Competitors like Walmart and Target running parallel sales events. 4. Amazon's stock down significantly since February 2023 peak. 5. Customers may engage in strategic shopping due to longer sales window.