On Monday, larger retailers saw online sales rise 28% this year. Analysts estimate this year’s total Prime Day sales will range from $9.5 billion to $12 billion, which would be a record for the event. Prime discounts will end just before midnight on Tuesday. Amazon's own products saw significant price cuts globally, in line with previous years as the retailer used Prime Day to push its own brands. Another U.S.-based Amazon merchant, VersaChalk, said it was not offering any deals on Prime Day this year as "it really was not profitable anymore."

Source: The Star June 22, 2021 17:26 UTC