Prime Day Is Boosting Amazon's Competition
1. Amazon's Prime Day generated over $750 million in U.S. sales. 2. E-commerce spending surged to $24.1 billion, marking a 30.3% increase. 3. Competitors like Walmart and Target are effectively leveraging retail foot traffic. 4. Amazon struggles to dominate brick-and-mortar despite its online success. 5. Retail loyalty battleground sees increased competition against Amazon.