Core Insights - Walmart Inc. is launching its holiday promotional event "Walmart Deals" from October 7 to October 12, providing early savings opportunities for shoppers [1][8] - The event includes a wide range of categories such as toys, fashion, electronics, home goods, seasonal decor, food, and beauty [2] - Walmart+ subscribers will have early access to deals starting October 6, with discounts reaching up to 50% on various products [3] Promotional Strategy - The timing of the event aligns with the trend of early holiday shopping, as families are increasingly spreading purchases over several months [4] - Walmart is enhancing the shopping experience with its AI-powered assistant "Sparky," which helps users generate gift ideas and compare products [4] - The retailer has over 6,000 ongoing rollbacks across everyday categories, reinforcing its value proposition beyond the promotional event [5] Competitive Landscape - Target Corporation is also engaging in early holiday promotions with its Target Circle Week from October 5 to October 11, offering significant discounts and expanding next-day delivery [6] - Walmart's strategic early holiday push aims to capture consumer spending earlier in the season and deepen engagement with both members and non-members [7] - Walmart shares have increased by 28% over the past year, outperforming the industry growth of 27.4% [7]