Prime Day shopping events to entice cautious consumers and play defense against stiffer competition from the likes of Walmart Inc., Target Corp. and TikTok, who have launched their own discount days in response.

Walmart: The world’s largest retailer is also getting in on the action with its Walmart Deals, running from July 8-13. The promotion offers discounts of up to 50% off on certain items. Walmart+ members are able to shop the sales starting at 7 p.m. on July 7.

Exciting deals are on the horizon as Amazon and Walmart compete for your business this week! Reporter John Matarese highlights the best offers from both retailers, including Amazon's extended four-day Prime Day and Walmart's six-day sale event.