Weakening retail sector still has ‘pockets of sunshine,’ analyst says

Yahoo Finance published this video item, entitled “Weakening retail sector still has ‘pockets of sunshine,’ analyst says” – below is their description.

#Retail #sunshine

Jharonne Martis, London Stock Exchange Group Director of Consumer Research, joins Yahoo Finance Live to discuss the state of the retail industry, the outlook on mall retailers, travel spending, and Amazon Prime Day.

Yahoo Finance YouTube Channel

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In This Story: Amazon Prime Day

On July 15, 2015, in honor of the website’s 20th anniversary, Amazon first held Prime Day. The event features a large number of sales and promotions that are exclusively available to Amazon Prime subscribers, with Amazon promoting that the first edition would feature “more deals than Black Friday”.

On July 13, 2016, Amazon Prime said customers placed 60 percent more orders worldwide on “Prime Day”.

The 2018 edition was preceded by a concert event headlined by Ariana Grande, and streamed on Amazon Video and Twitch.

The 2019 concert was held on July 10 ahead of Prime Day starting on July 15, and streamed exclusively for Prime subscribers, featuring Taylor Swift, Dua Lipa, Becky G, and SZA.

In 2020, Prime Day was postponed in some territories due to the COVID-19 pandemic, and rescheduled for October 13–14.

See Prime Day #Ad

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In This Story: London Stock Exchange

London Stock Exchange is a stock exchange in the City of London, England. As of April 2018, London Stock Exchange had a market capitalisation of US$4.59 trillion. It was founded in 1571, making it one of the oldest exchanges in the world.

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