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Amazon Shoppers Snatch Up Deals on Potato Chips and Toilet Paper

  • Annual sales event stretches beyond electronics and appliances
  • Grocery sales on Amazon could be trouble for Costco, Walmart
Bloomberg business news
Amazon Prime Day Kicks Off Inc. shoppers are snatching up potato chips, crackers, toilet paper and other non-perishable grocery store items to take advantage of the online retailer’s Prime Day deals, which could be bad news for Costco Wholesale Corp. and Walmart Inc.

Sales of consumable products on Amazon during the first nine hours of Prime Day -- a two-day sale that began Monday -- are about triple what they are on a typical sales day, according to CommerceIQ, which helps hundreds of consumer brands sell products on the e-commerce site.