:max_bytes(150000):strip_icc()/GettyImages-2160135034-04ec1e3c60f6424eb3f0c327f117929a.jpg "Macy’s Joins Other Big Retailers With Special Summer Sales Event")
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Key Takeaways
- Macy’s is joining the list of large retailers making a big summertime sales push.
- The largest U.S. department store chain said it is holding its first “All-Star Week” starting next Tuesday and running for eight days.
- Amazon’s Prime Day, Target’s Target Circle Week, and Walmart’s Walmart Deals sales events also are taking place this month.
Macy’s on Wednesday announced a special summer sale, joining other big retailers making a major seasonal push to bring in customers.
The biggest U.S. department store chain announced its first “All-Star Week,” to run July 16 to July 23. Macy’s said the sale would feature thousands of its best summer deals, and more exclusive offers for members of its Star Rewards membership program.
Rivals Amazon, Target, Walmart Also Have July Sales Events
Macy’s promotion comes as rivals also amp up their summer plans. The All-Star Week will start the same time as Amazon’s (AMZN) two-day Prime Day event. Target’s (TGT) Target Circle Week and Walmart’s (WMT) Walmart Deals are already underway, although both will end this week.
Shares of Macy’s were little changed at $18.86 as of 1:55 p.m. ET Wednesday and are down about 6% year-to-date.