American retail giant "rolls" up! Macy's joins the summer big sale lineup
Macy's announced on Wednesday the launch of its summer promotion, joining other major retailers in attracting customers through seasonal sales. The largest department store chain in the United States announced that its first "All-Star Week" event will take place from July 16th to 23rd. Macy's stated that this promotion will feature thousands of best summer deals and provide more exclusive offers to members of its StarRewards program. As Macy's launches its promotion, competitors are also intensifying their summer sales plans. Macy's All-Star Week event will coincide with Amazon's two-day shopping festival "Prime Day." Target's "Target Circle Week" and Walmart's "Walmart Deals" promotions have already begun, but both events will end this week. As of Wednesday's closing, Macy's stock fell by 0.26% to $18.82, down nearly 5% year-to-date
According to the Zhītōng Finance and Economics APP, Macy's (M.US) announced on Wednesday the launch of a summer promotion, joining other major retailers in attracting customers through seasonal promotions. The largest department store chain in the United States announced that the first "All-Star Week" event will be held from July 16th to 23rd. Macy's stated that this promotion will offer thousands of best summer deals and provide more exclusive offers to members of its StarRewards program.
As Macy's launches its promotion, competitors are also intensifying their summer promotion plans. Macy's All-Star Week event will coincide with Amazon's (AMZN.US) two-day shopping festival "Prime Day." Target's (TGT.US) "Target Circle Week" and Walmart's (WMT.US) "Walmart Deals" promotions have already begun, but both events will end this week.
As of the Wednesday closing of the U.S. stock market, Macy's fell by 0.26% to $18.82, down nearly 5% year-to-date