Amazon.com Inc. Online sales on Thanksgiving Day were up 15% from a year ago, according to Adobe Analytics. Amazon.com is spending $1.5 billion in the fourth quarter to expand its free one-day shipping program while many traditional retailers are struggling to keep pace. Still, Walmart Inc. and Target Corp. have held their ground by increasing their delivery capabilities or getting shoppers to pick up online orders at their stores. Amazon shares added 1.2% Wednesday.

Source: Wall Street Journal November 29, 2019 19:18 UTC