Amazon Prime Day moves to June
The e-commerce company’s sales event happened in July last year. Meanwhile, Q1 earnings showed strong growth in online store net sales.
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The e-commerce company moved the event to June, and is encouraging shoppers to use its Alexa for Shopping AI tech.
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The sales event lands on the same dates as Amazon Prime Day, as the companies go head-to-head for summertime shoppers.
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The discount retailer, which recently reported strong Q4 earnings results, is adding to a broader effort to become a beauty destination.
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The department store is preparing for its 100th Thanksgiving Day parade and 50th Fourth of July fireworks display this year.
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The retailer reported that Q1 net sales dipped 3% year over year. Meanwhile, CFO Eva Boratto will step down from her role in June.