Amazon Prime Day spending expected to surpass $14B, breaking record

Shoppers are likely to spend a record $14 billion during Amazon’s Prime Day two-day online extravaganza this week, data analytics firm Adobe said on Monday.The spending frenzy, which kicks off Tuesday, is expected to increase by about 10.5% from last year and acts as a vital barometer for the all-important back-to-school shopping season. 3 The annual Amazon Prime Day promotion will take place July 16-17. Shutterstock / Mikel DabbahWhile Amazon spearheaded the event 10 years ago, dozens of retailers, inclu ...