This Retail Giant Just Posted Sales That Blow Away Amazon's Prime Day

Amazon.com (NASDAQ: AMZN) announced its annual Prime Day event will be held on July 12 and 13, the seventh consecutive year the e-commerce giant has run the sales extravaganza.

Last year it sold an estimated $11.2 billion worth of goods during the event, according to Digital Commerce 360, nearly an 8% increase over 2020, but that actually represents a slowdown in the growth rate from the year before when it saw sales expand 45% during the pandemic-wracked year.

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Source Fool.com