shopping

Amazon, Target and other retailers competing with early holiday shopping deals

Wednesday is the second and last day of Amazon’s Prime Day sales event.

Though, it’s not the only retailer trying to get your business this time of year. Target also started its own deal days Tuesday. And Walmart actually got a head start and started offering deals on Sunday.

Popcart is a browser extension that helps you compare prices online. They say you might want to walk away from deals on last year’s electronics.

“Those may appear to be amazing deals because of the markdown, and that’s an interesting point about shopping online that what seems to be a very good deal, because you see 50% off, may not actually be the best deal you can get,” said Omri Traub, founder and CEO of Popcart.

This week isn’t your only chance to score savings.

“Amazon and those biggest retailers want to spread out your shopping over a longer time period,

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shopping

Amazon Prime Day 2020 is the ‘unofficial, official start to holiday shopping’ for all retailers like Target, Walmart [Video]

Jessica Teich, Good Housekeeping’s Products and Reviews Editor, joins Yahoo Finance’s The First Trade with Alexis Christoforous and Brian Sozzi to discuss the bests deals on Amazon Prime Day 2020, mistakes to avoid while shopping and what we should look out for from other retailers like Target and Walmart.

Video Transcript

BRIAN SOZZI: I think we can all agree the pandemic will make this a very weird holiday shopping season. From earlier deals to compressed shipping windows, consumers would be wise to shop now instead of December 24. But if you do get all your shopping done on Prime Day, does that mean Black Friday is no longer a thing?

Jessica Teich, she’s “Good Housekeeping’s” products and Reviews Editor and here with– is here with us now. Jessica, good to see you this morning. The deals are out there. Prime Day, Target, and Walmart all over the websites this morning.

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shopping

Retailers hope Amazon’s Prime Day on Tuesday kicks off early holiday shopping season

  • As Amazon Prime Day is expected to hit an all-time record, retailers big and small are looking to “participate in that energy” with their own online deals, said Robby Ohmes, a discount retail analyst for Bank of America Securities.
  • Retailers will use technology to try to manage their supply chains and smooth out the customer experience during a tougher-to-predict holiday season.
  • Target, Walmart and Amazon have hired thousands of additional employees and offered their workforce additional hours to prepare for online demand.



a close up of a sign: An Amazon Prime package.


© Provided by CNBC
An Amazon Prime package.

A late Amazon Prime Day means an early start to the holiday shopping season this week. 

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The annual shopping event has become a holiday in its own right, with July 15 — one of last year’s Prime Days — trailing behind only Cyber Monday and Black Friday for online shopping last year, according to retail research firm NPD

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fashion

Paris Fashion Week Wraps Sans International Retailers In Attendance. Will This Affect Their Offerings Come Spring?

The nine-day Paris Fashion Week physi-digital show experience for Spring 2021 wrapped last week, albeit in an altered manner. Live presentations accounted for roughly fifty percent of the brand’s collection reveals. The current Coronavirus pandemic kept all but local retailers away – and even some of those chose to sit it out and watch online.

With common sense dictating no travel rules for buyers abroad, they experienced the shows virtually. I asked four retail executives: Roopal Patel, Fashion Director, Saks Fifth Avenue, Laure Heriard Debreuil founder of The Webster, Lisa Aiken, Moda Operandi’s Buying and Fashion Director, and Libby Paige, Net-A-Porter’s Senior Fashion Market Editor, their take on the season in Paris and what their racks and webpages will be stocking this Spring.

NOTHING BEATS IN PERSON Unanimously all agreed that

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fashion

Informal Saudi ban on Turkish goods hits global fashion retailers

A de facto Saudi ban on Turkish goods has hit global fashion brands in the latest sign of the escalating rivalry between the regional powers.

Saudi Arabia has “banned all imports for made in Turkey products”, an employee at clothing group Mango told Turkish suppliers in an email seen by the Financial Times.

The Spanish company, which is one of a number of European and US fashion retailers with manufacturing facilities in Turkey, said in a statement that its teams “are looking into alternatives to the slowing down of custom processes for products of Turkish origin in Saudi Arabia”.

Mustafa Gultepe, head of Istanbul Apparel Exporters’ Association (IHKIB), said all retailers producing in Turkey and exporting to the Gulf state were affected. “We are talking about all global brands that have stores in Saudi Arabia, produce in Turkey and sell over there,” he told the FT. 

Turkish exporters have complained

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shopping

Black Friday deals land next week as retailers look to spur early shopping

Halloween is weeks away and summer weather still hangs in the air in Houston, but retailers will blast out a flurry of Black Friday-like deals next week in an effort to capture early holiday shoppers during the pandemic.

Walmart, Amazon, Target and Best Buy are offering major markdowns with multiday sales as retailers aim to encourage early shopping in what will be a strained holiday season, spreading deals out over more time and discouraging large crowds.

“It didn’t make sense for us to be driving large amounts of people to (Sam’s Club) in a single day like we had in the past,” said Tony Rogers, chief member officer at Sam’s Club, which is running early promotions this month rather than one-day events later in the season.

On HoustonChronicle.com: Walmart hiring up to 20,000 in preparation for holiday e-commerce spike

Retailers have worked for years to push more people to shop

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clothing

There Are Fewer Sales at the Mall. That’s Good for Gap, American Eagle, and Other Clothing Retailers.

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Jeans hang from a rack at a Gap store.


Justin Sullivan/Getty Images

Apparel retailers were hit hard in the early days of the Covid-19 crisis—but many have recovered from those lows to post year-to-date gains.

Deutsche Bank

believes that moves the companies made last month could further help the stocks.

Analyst Gabriella Carbone reiterated a Buy rating on

American Eagle Outfitters

(ticker: AEO) Friday, while raising her price target to $18 from $16. She kept Hold ratings on

Gap

(GPS) and

Urban Outfitters

(URBN), while raising her price targets to $39 from $33, and to $28 from $27, respectively. The moves come following “improving promotional activity” in September—that is, fewer discounts—which she notes could lead to higher margins.

Carbone believes that “each of these retailers has a unique assortment or provides a service that is resonating well with consumers,” as they have rolled out curbside pickup options.

Of

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shopping

Holiday shopping: Amazon, Target, more retailers push earlier deals amid COVID pandemic

NEW YORK — Add last-minute holiday shopping to the list of time-honored traditions being upended by the coronavirus pandemic. Retailers are kicking off the holiday season earlier than ever this year in hopes of avoiding big in-store crowds and shipping bottlenecks in November and December.

Stores like Best Buy, Macy’s, and Target typically offer their biggest Black Friday deals over Thanksgiving weekend, but now they’re starting them in October so people don’t crowd their stores later, creating a potentially dangerous situation during a pandemic.

And with more people expected to shop online, retailers are trying to avoid a rush of orders closer to Christmas, which could lead to late packages and more expensive shipping. Many had a hard time keeping up with the surge in buying when shoppers were locked down in their homes during the early days of the pandemic. Even Amazon, which has spent 25 years building warehouses

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shopping

Retailers, restaurants line up for new shopping center coming to Nexton in Berkeley County | Real Estate

SUMMERVILLE — The $30 million first phase of development for a new retail center in Berkeley County is underway.

Charleston developer Eddie Buck has begun construction on North Creek Market at Nexton along U.S. Highway 176 and on both sides of North Creek Drive, directly across from the massive Cane Bay community.

The two parcels on North Creek Drive, acquired by affiliates of Buck Management Inc. in 2018 for $12.7 million, total 53 acres.

The larger, 28-acre tract directly across from Publix supermarket will include McDonald’s restaurant as well auto parts store Auto Zone and Time To Shine Car Wash.



Blue Water gas station at North Creek Market at Nexton

A Blue Water gas station and convenience store will anchor the corner of a new retail development called North Creek Market at Nexton at U.S. Highway 176 and North Creek Drive in Berkeley County. Rendering/Coast Architects


On the backside of the parcel near a retention pond, a 500-unit, 70,000-square-foot Extra

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shopping

Retailers are desperate to kick off holiday shopping early this year, and brands like Ulta, Kroger, and Guess are turning to a new shopping event to get consumers out to shop



text, whiteboard: Ulta is one of the retailers participating in the 10.10 Shopping Festival. Peter Larsen/Getty Images for ULTA Beauty


© Provided by Business Insider
Ulta is one of the retailers participating in the 10.10 Shopping Festival. Peter Larsen/Getty Images for ULTA Beauty

  • Ulta, Kroger, and Guess are among the retailers offering deals this upcoming weekend as part of the 10.10 Shopping Festival. 
  • The goal of the new event is to entice shoppers to start their holiday gift-buying earlier than usual. 
  • In a year marred by the coronavirus pandemic, retailers are concerned a logistical nightmare could ensue if too many people leave their holiday shopping until the last minute.
  • Visit Business Insider’s homepage for more stories.

A group of retailers are signing up for a shopping event that hopes to save a holiday season unlike any before. 

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Ulta, Kroger, and Guess are among the stores that will be offering deals as part of the new 10.10 Shopping Festival, which runs from October 9 to October 12. The name

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