Amazon Sets an October Event Sales Record as Retailers Eye the Holiday Season

Key TakeawaysAmazon's two-day Prime Big Deals Days this week set a record for sales and items sold at an October event, the company said.Rivals Target and Walmart are also holding early holiday shopping season sales events.Bain & Co. said holiday sales are expected to be below average this year. Amazon (AMZN) shares advanced as the biggest online retailer said its Prime Day event this week was record-setting. The company said that sales and number of items sold during Prime Big Deal Days on Tuesday and Wedn ...