Prime Day Highlights Why October Is the New November

It’s beginning to look a lot like …
Photo: Alexi Rosenfeld/Getty Images

Last November, I wrote about Black Friday creep, in which the term “Black Friday” becomes detached from its original meaning — one-day sales on the day after Thanksgiving — to refer to any invitation to bargain shop in the month of November. Like so many preexisting economic trends, this one has been accelerated by the coronavirus pandemic. It’s hard to see how a traditional Black Friday doorbuster sale could be compliant with social distancing. So this year, with consumers bored at home and retailers wanting to spread out the shopping crowds, Black Friday has crept into October.

The kickoff began with Amazon Prime Day, the big annual sale that was delayed from July and is actually two days (today and tomorrow). Other retailers have brought their November sales forward to coincide with Prime Day, launching holiday-deal pricing in

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Holiday shopping gets early start with October Prime Day, other sales

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NEW YORK (AP) — Halloween is still weeks away, but retailers are hoping you’ll start your holiday shopping now.

The big push is coming from Amazon, which is holding its annual Prime Day sales event Tuesday and Wednesday, kickstarting the holiday shopping season. It’s the first time Prime Day has been held in the fall, after the pandemic forced it to postpone from July.

Walmart, Best Buy and Target are also offering online deals over the same two days, hoping to lure deal seekers.

“Beat the holiday hustle,” Amazon’s site said on Tuesday. “Holiday savings start now,” a message on Target.com said.

There’s good reason for the early start. Retailers are worried that a rush of online orders later could lead to shipping delays in November and December. And stores want to avoid

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Holiday shopping gets early start with October Prime Day

Halloween is still weeks away, but retailers are hoping you’ll start your holiday shopping now

NEW YORK — Halloween is still weeks away, but retailers are hoping you’ll start your holiday shopping now.

Walmart, Best Buy and Target are also offering online deals over the same two days, hoping to lure deal seekers.

There’s good reason for the early start. Retailers are worried

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An October Prime Day Opens a Remade Holiday Shopping Calendar

Retailers want the holiday buying season to hit full speed in October as they brace for a sluggish and unpredictable end to the shopping year.

The coronavirus pandemic upended the retail industry, closing some stores for months, spurring bankruptcies, moving shopping online and changing what consumers buy. Those forces, on top of a looming election, are shaking up what is traditionally the biggest sales period of the year.

Walmart Inc.,


WMT 1.00%

Target Corp.


TGT 1.14%

and

Amazon.


AMZN 3.01%

com Inc., as well as smaller specialty retailers, are starting online holiday deals this week, instead of their usual launch in November. Retailers want to reduce crowding in stores, lighten what is likely to be a crushing load on the e-commerce supply chain, and lock in sales early to hedge against political and economic uncertainty, according to industry executives.

“We’re kicking off holiday deals earlier than usual,” said Cindy

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Top finance stories from the week of October 5

Happy Saturday!

Just six days after Morgan Stanley closed on its all-stock E-Trade acquisition, the Wall Street bank said this week that it will buy asset manager Eaton Vance in a deal valued at $7 billion. 

Rebecca Ungarino took a look at why Morgan Stanley’s bid for the storied asset manager gives it a leg up on rivals and signals more deals to come across the industry. She and Bradley Saacks also mapped out 4 asset-management firms that could be the next target as consolidation pressures mount and other banks likewise look for steady businesses to counterbalance more volatile activities like trading. 

If you’re not yet a newsletter subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.

More below, including a performance roundup for big-name hedge funds, a deep dive on D1 Capital’s Dan Sundheim,  and the latest on

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October means final group at Women’s PGA won’t have leaders

So much for that notion of a 54-hole lead giving players more time to sleep in.

The PGA of America had to get creative with an October date for the Women’s PGA Championship at Aronimink in Newtown Square, Pennsylvania, not only with about three fewer hours of daylight but with NBC having other programming commitments on the weekend.

Kerry Haigh, the chief championships officer for the PGA, says the tee times will be adjusted Sunday so that the final four groups will be at the bottom of the pack. Provided there are no weather delays or incomplete rounds, the leading threesome will tee off on No. 1 at 8:43 a.m. The last group will tee off at 9:27 a.m.

The TV window for the Women’s PGA on Sunday is 10 a.m. to noon on Golf Channel, and noon to 2 p.m. on NBC. The network has a NASCAR race in

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October means final group at Women’s PGA won’t have leaders

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Defending champion Sebastian Munoz, of Colombia, watches his drive from the ninth tee during the second round of the Sanderson Farms Championship golf tournament in Jackson, Miss., Friday, Oct. 2, 2020.

AP

So much for that notion of a 54-hole lead giving players more time to sleep in.

The PGA of America had to get creative with an October date for the Women’s PGA Championship at Aronimink in Newtown Square, Pennsylvania, not only with about three fewer hours of daylight but with NBC having other programming commitments on the weekend.

Kerry Haigh, the chief championships officer for the PGA, says the tee times will be adjusted Sunday so that the final four groups will be at the bottom of the pack. Provided there are no weather delays or incomplete rounds, the leading threesome will tee off on No. 1 at 8:43 a.m. The last group will tee

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Danbury schools to reopen with hybrid model in late October

DANBURY — Kindergarten through 12th-graders will return to school on a hybrid model beginning Monday, Oct. 26.

Preschool students will return the following week.

The return to in-person learning will follow nearly seven weeks of distance learning, prompted by a spike in coronavirus cases in the city in August.

But the district’s medical team has determined the community is under the “moderate range” for community spread of the virus, the superintendent said in a letter.

“This, along with the large number of students requesting distant learning, will allow us to implement the hybrid model safely while conducting classes in combination with the mitigation strategies of social distancing and wearing masks (BOE Policy),” Superintendent Sal Pascarella wrote. “I expect that we will be in the hybrid model until the District is advised by the state and local health officials otherwise.”

The city’s infection rate was about 5 percent last week, which

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The Most Beautiful Opal Jewelry For October Birthdays

Opals are some of the most unique gemstones on Earth. They range from milky white to fiery red and deep blue-green, and all have a kaleidoscope of shimmering colors within, called play-of-color. Here are some of the most incredible pieces of opal jewelry in honor of one of October’s birthstones. 

Oscar Heyman

This incredible bracelet from Oscar Heyman features museum-quality black opal in different shapes and sizes, with blue sapphires and green emeralds enhancing the play-of-color.

Oscar Heyman bracelet in platinum with 27.93 carats black opal, 10.04 carats sapphire, 9.73 carats emerald, 4.62 carats diamond, and 2.05 carats golden yellow diamond, $260,000, oscarheyman.com

John Hardy

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