Latest news with #SummerCyberDeals
Axios
08-07-2025
- Business
- Axios
Amazon, Walmart, Target, Costco roll out mega summer sales
Call it Prime Day, or Black Friday in July, but this week is expected to mark a major moment for summer spending. Why it matters: Billions of dollars are projected to be spent at Amazon and other retailers that are running competing sales. The summer sales period kicks off back-to-school shopping, and some bargain-conscious consumers are expected to get a jump on holiday shopping. "Value and essentials will outperform premium as shoppers focus on deals for everyday items, especially back-to-school and replenishment," Mike Feldman, senior vice president of commerce at Flywheel, told Axios. State of play: Retailers have warned that some seasonal events could be affected by tariffs, with shortages and higher prices possible. "I think people are just being a bit more conservative in general, but then splurging where they can," Coresight Research CEO Deborah Weinswig told Axios. "The consumer is being very intentional." Jacob Bennett, CEO and co-founder of small business banking platform Crux Analytics, tells Axios that some Amazon sellers pulled out of Prime Day because of tariffs. "Small businesses importing goods are getting hit twice, first by tariff costs, then by Prime Day debt on top," Bennett said. What time does Amazon Prime Day start? Amazon's 11th Prime Day starts 12:01am PDT Tuesday and goes through Friday, July 11. Amazon doubled the length of Prime Day from two days to four — the longest sale in the event's history. "Extending Prime Day could also be a strategic move against the rising tariffs on goods from China," Jess Meher, SVP at Loop Returns, told Axios. Zoom in: During the sale, Prime members get access to millions of deals "across more than 35 categories." Best Buy Black Friday in July 2025 Best Buy's"Black Friday in July event" began Monday and continues through Sunday. The retailer is calling it one of its "biggest sale events of the summer." The sale was three days last year, but like Amazon's, increased in length. BJ's Wholesale Club Wow Days BJ's Wow Days kicked off Monday and run through Sunday, July 13. The online-only sale has savings of up to 50% on patio and garden, TVs and tech, home and kitchen, everyday essentials and more, the retailer told Axios. Costco Member Savings Days Costco's five-day sale started Monday and runs through Friday, July 11. The sale is online-only and while supplies last, the wholesale club said on its website. The sale comes a week after Costco launched early hours for executive members. Clubs are also staying open an hour later on Saturdays for all members. Kohl's Summer Cyber Deals Kohl's four-day sale — Summer Cyber Deals — is doubled from two days in 2024 and includes free shipping on all orders, the department store chain said. The sale is from Monday through Thursday, with new daily deals each day in-store and online. Shoppers can earn $10 in Kohl's Cash for every $50 spent during the sale. Target Circle Week deals 2025 Target Circle Week started Sunday and even earlier for members of the paid Target Circle 360 program. Target's sale continues through Saturday, July 12. There will be early back-to-school and college shopping deals and the return of Target's "Deal of the Day." During the sale, there will be one day where Target gift cards are 10% off. Additional deals were unveiled in the weekly ad. Walmart Deals 2025 starts early for Walmart+ Walmart+ members got early access to the world's largest retailer's sale at 7 p.m. ET Monday. The sale starts at midnight ET Tuesday online for all shoppers and in stores when they open. The sale continues through Sunday, July 13. it's the first time it will be available both in stores and online. Walmart said in a news release that deals are "across electronics, home, fashion, toys, beauty and back-to-school essentials — including big names like Samsung, Vizio, Dyson, Sharpie and more."
Miami Herald
03-07-2025
- Business
- Miami Herald
Kohl's makes desperate move to keep customers away from rivals
Over the past few months, department store chain Kohl's (KSS) has had a rough time resonating with consumers as many battle inflation and a higher cost of living, which have had a major impact on sales. In its first-quarter earnings report for 2025, Kohl's revealed that net sales decreased by 4% year-over-year during the quarter. Don't miss the move: Subscribe to TheStreet's free daily newsletter Also, recent data from found that the average number of customers that visited Kohl's stores during the quarter dipped by 2.7% year-over-year. Related: Kohl's makes major store changes to win back customers Amid low sales, Kohl's decided to close 27 underperforming stores in 15 states, a move that was completed in April this year. During an earnings call in May, Kohl's Interim CEO Michael Bender said the company has noticed that some of its customers are "stressed" financially. "People are trying to figure out how to make sense of the dollars that they have to spend, and they're prioritizing where they want to put it," said Bender. Kohl's Chief Financial Officer Jill Timm also said during the call that middle- and low-income customers are "the most pressured," which is causing them to seek value and lower prices. She also said that Kohl's decision to shrink its in-store jewelry business, exit the petites business, and decrease inventory in proprietary brands contributed to a loss of customers. Image source:Amid these challenges, Kohl's has recently made a huge effort to win back customers, especially when it is facing a major threat from top competitors. Kohl's has announced "deep discounts" on family essentials in footwear, apparel, home, accessories, and back-to-school items through the return of its Summer Cyber Deals event, which will take place between July 7 and July 10, according to a new press release. Related: Dollar Tree raises red flag about unexpected customer behavior Kohl's said these discounts will be available in stores and online, and hundreds of "only-at-Kohl's" items will be priced under $20. The retailer is also offering free shipping on all online orders during this event. Some of the deals Kohl's is offering include T-shirts and tank tops starting at $5.99, 30% off backpacks and lunch bags, up to 40% off "leading brands" such as Adidas, Nike, and Under Armour for kids and babies, 50% off kitchen appliances, and 60% off bedding. In addition to steep discounts, Kohl's is offering all shoppers $10 in Kohl's Cash for every $50 they spend on qualifying merchandise. It will also roll out one-day deals on select products across beauty, apparel, home, etc. The move from Kohl's comes after Timm said during the May earnings call that the company realized it "disappointed" its core customer by excluding too many brands from its coupons. To fix this error, Kohl's vowed to add more brands back to these offers. "We are bringing products back into the coupon, so we do think being more promotional and having value orientation throughout the year is gonna be important, particularly because this middle-income customer that we serve is pretty stretched in today's environment," said Timm. More Retail: Costco quietly plans to offer a convenient service for customersT-Mobile pulls the plug on generous offer, angering customersAT&T makes generous offer to older customers Kohl's Summer Cyber Deals also appears to be a direct response to Amazon's Prime Day sales event, which will offer significant discounts to consumers on a wide range of products between July 8th and July 11th. Target, another rival of Kohl's, also recently announced that it will make back-to-school shopping "more affordable" for customers this summer by "maintaining last year's prices on must-have supplies." Target said that over 1,000 back-to-school items in its stores will be under $5. It will also roll out discounts for students and teachers through its Target Circle app. Related: Home Depot, Amazon, Starbucks suffer major boycott from customers The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
