Amazon is delaying Prime Day, its giant shopping extravaganza, until at least August (AMZN)

Amazon is delaying its annual Prime Day shopping event, typically held in July, until at least August, according to Reuters.
Amazon also expects to take a $100 million hit as a result of extra inventory it must sell at a discount, Reuters reported, citing notes from an internal meeting.
Prime Day is a massive sales event in which Amazon offers discounts on everything from TVs to sneakers. Amazon said it sold nearly 200 million items during the 48-hour period that comprised Prime Day last year.&n