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Walmart Inc. WMT and Target Corp. TGT stocks are trading lower Tuesday after they announced their respective summer sale bonanzas to rival Amazon.
Com Inc. AMZN . Walmart is launching its largest savings event , “Walmart Deals,” from Monday, July 8, to July 11.
Customers can shop thousands of deals on popular items, including electronics, home goods, toys, and travel essentials, perfect for the back-to-school season. Walmart+ members will enjoy early access to the season’s best deals five hours before the event opens to all shoppers. The savings event will be accessible on Walmart’s website and app.
Also Read: Amazon Boosts Prime Benefits With Grubhub Partnership, Takes Aim At Walmart The event follows Walmart+ Week, which concluded on June 23. Additionally, Target announced the return of its biggest sale event, Target Circle Week, from July 7 to July 13. The event will offer exclusive savings on summer and back-to-school essentials, featuring discounts for members of Target Circle, the retailer’s free loyalty program.
Target Circle Week will include personalized bonuses and deep discounts on top summer items, as well as early savings on back-to-school and college essentials. The retailer recently announced price reductions on about 1,500 frequently shopped items across various categories, with plans to lower prices on approximately 3,500 more items throughout the summer. It is interesting to note that Amazon has scheduled this year’s Prime Da.
