Major retailers are offering Christmas in July sales and one of the biggest shopping events is Amazon Prime Day, which is returning for a two-day savings extravaganza on July 11 and 12.
Best Buy said it laid off 5,000 workers, closed 20 of its big-box stores in each of the past two years and expects to close a higher number this year.
Much of the chain's growth came from delivery and curbside pickup sales. Online sales boomed 174% last quarter, accounting for more than a third of their sales.
In a statement, Walmart said that it did see a massive traffic surge when the next-gen console was released.
PRIME DAY: Amazon isn't the only store with blowout bargains this week. Its largest rivals are joining the discount party, too.
Many companies, including Amazon, Macy's and Walmart, are hiring now for roles that last from three to four months.