Retail

Target muscles in on Amazon’s Prime Day — again

Target has finally announced the date for its big annual shopping event — and it just so happens to coincide with Amazon’s Prime Day. Target’s Deal Days event will take place on October 13 and 14 and “will feature digital deals on hundreds of thousands of items, more than double last year,” the company said in a statement on Monday.

These Bed Bath & Beyond stores will close by year's end

Earlier this summer, the retailer disclosed that it would be shuttering more than 200 stores over the next two years as it tries to weather the pandemic. Officials said the move would save the company between $250 million and $350 million annually, excluding related one-time costs.