Walmart Inc. (NYSE:WMT) and Target Corp. (NYSE:TGT) stocks are trading lower Tuesday after they announced their respective summer sale bonanzas to rival Amazon.Com Inc. (NASDAQ: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.
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The event follows Walmart+ ...