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Amazon, Walmart Kick Off Holiday Sales With ‘Massive’ Deals Expected
Inflation squeeze, inventory surge prompt retailers to offer steep price cuts
An Amazon delivery truck in San Francisco
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Holiday deals are coming back, bringing a measure of relief for US shoppers squeezed by inflation.
Tech gadgets to sporting goods will see “massive” online discounts, with the best bargains likely in late November, Adobe Analytics said in a report Monday. Walmart Inc. is already touting deals on computers, toys and air fryers this week, while Amazon.com Inc. will begin a two-day “early access” sale Tuesday. Target Corp.’s weekly Black Friday deals have started.