Walmart rolls out October holiday deals event
Retailers are offering early holiday deals to incentivize shoppers to make their holiday purchases well before Black Friday or Cyber Monday.
Like Walmart, other retailers like Kohl’s, Amazon and Target have rolled out their holiday shopping deals in October.
While Amazon is launching a two-day holiday sale to Prime members Oct. 11-12, Target has its holiday deals Oct. 6-8 and is offering shoppers a price match guarantee. Similar to Walmart, Kohl’s is also offering discounts on some Barbie and Lego products.
Besides announcing holiday deals early, Walmart has also begun staffing up its stores and improving its return policy ahead of the holidays. Last month, the retailer said they planned to hire 40,000 additional associates for the holidays, far fewer than the 150,000 employees the retail giant hired for the season in 2021. The company also said it will offer shoppers “no concern” return options and an extended period for returns.
The early rollout of holiday discounts comes as consumers face inflation pressures. Per a recent Bankrate survey, while half of the consumers plan to start their holiday shopping by Halloween, 40% say that inflation will influence their purchasing choices. Another survey from Morning Consult released in August found that 85% of U.S. consumers said inflation had driven their shopping decisions, and 79% were searching for discounts.
Related news
Walmart Canada to debut sensory-friendly store hours
Walmart Canada is launching a new initiative to make its…
Read more >Just Eat Takeaway expands free delivery for Amazon Prime members to Europe
Just Eat Takeaway is expanding its partnership with Amazon to…
Read more >New York State Mandates Panic Buttons in Retail Stores, Walmart Opposes Changes
The New York State Senate recently passed a bill that…
Read more >Related news
Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >The Hungarian Marketing Association for the supply of the profession
The Hungarian Marketing Association is actively working for the future…
Read more >