Walmart Inc. has announced its biggest savings promotion, “Walmart Deals,” which will run from July 8 to July 11 to compete directly with Amazon.com’s Prime Day event. Shoppers can expect thousands of deals across popular categories including electronics, home goods, toys and travel essentials – perfect for the back-to-school season. Walmart+ program members get access to these deals five hours earlier. The sale will be accessible on both Walmart’s website and app.
Big discounts at Target and other retailers, too
At the same time, Target Corp. Announced “Target Circle Week” as its flagship sales event, which will run from July 7 to July 13, with exclusive discounts for members of the free Target Circle loyalty program. Both retailers are planning their sales campaigns just ahead of Amazon Prime Day, which is scheduled for July 16 and 17 and promises Prime members millions in exclusive deals. Notably, Walmart and Target have come under pressure as competition for customers builds this summer, which was reflected in declining share values – WMT and TGT shares traded down 2.34% and 1.83%, respectively.
Walmart insists it continues to thrive by diversifying its business strategy — both in physical stores and on digital platforms. This confirms the dominance of retail companies, which also appear in advertising. The company has raised guidance for fiscal 2025, underlining its leadership position in the market with continued growth narratives and commitment to innovation.
Walmart Stock: Buy or Sell? Read more here…
…
