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Target Corp, Walmart Inc, Bed, Bath & Beyond, Macy's Inc and
Kohl's Inc are some top American retail chains offering big
discounts and promotions to coincide with Prime day, which takes
place on Monday and Tuesday this year.
The two-day sales event, which generated
https://www.digitalcommerce360.com/
article/amazon-prime-day-data $10.4 billion in gross merchandise
sales for Amazon last year, is taking place earlier than its
traditional July run date, as the e-commerce giant looks
https://www.cnbc.com/2021/04/30/heres-why-amazon-is-moving-its-prime-day-event-earlier-in-the-summer.html
to boost spending in what are historically slow sales days in
the quarter.
And retailers are not missing the opportunity to get a slice of
that pie.
Department store chain Macy's is teasing customers with an "Epic
Specials" event for two days starting Monday, while rival Kohl's
is promoting cashbacks and discounts on beauty, apparel and
household goods through its Prime-day coinciding event called
"Wow Deals."
Target has taken it up a notch this year, increasing the number
of products and discounts on its website during Prime Days,
according to StyleSage data. This is in contrast to most U.S.
mall stores, which have been cutting down on assortment and
promotions this year, the data showed.
Home furnishing retailer Bed, Bath & Beyond is offering an "even
bigger and better" challenger event to Prime Day this year, with
same-day delivery on orders $39 or more and rewards that give
customers up to $100 for future purchases.
Some of its top deals include 60% off on Crux appliances and 25%
off on Graco Pack 'n Play baby cribs.
Walmart's competing sales event will start one day ahead of
Prime Day and end on June 22. The world's biggest retail chain,
which launched its own subscription program called Walmart Plus
last year, is offering deals on built-in Roku TVs and Roomba
vacuum cleaners, among other electronic items.
Amazon Prime Day , which has grown into a two-day shopping
bonanza rivaling the U.S. holiday shopping season, will see 20
countries participate this year. The event in India and Canada,
however, has been postponed due to COVID-19.
Adobe expects Prime Day to top $11 billion in total online spend
for U.S. retailers this year, surpassing sales generated on
Black Friday and Cyber Monday last year.
(Additional reporting by Aishwarya Venugopal in Bengaluru;
editing by Jonathan Oatis)
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