Summer discounts at Amazon, Walmart and other retailers arent always as deep as they look

Image for article Summer discounts at Amazon, Walmart and other retailers arent always as deep as they look
News Source : NBC News

News Summary

  • Of 178 tracked items at Amazon, Walmart and Best Buy, at least two dozen saw price increases in the weeks before each of the three retailers’ sales events kicked off.
  • The price fluctuations come as consumers remain sharply more pessimistic than they were this time last year.
  • Several items rose in price the week leading up to Amazon Prime Day (July 8-11), then fell once the sale started.
  • Many, but not all, merchants increase prices right before the sale begins just to drop them back down.
Summer discounts at Amazon, Walmart and other major retailers arent always as deep as they seem. A smattering of markdowns during the latest round of sales events was preceded by price hikes, an NBC [+7295 chars]

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