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Amazon Prime Day 2020: When it is, what to know, and what’s on sale | Local News

Amazon’s sixth-annual Prime Day will be in full swing starting Tuesday, Oct. 13, marking the start of holiday shopping.

The two-day event will feature several deals throughout the day on the latest tech, clothes, school supplies and subscription boxes, among other goods.

Here’s what you should know before Amazon Prime Day.



Here's what people are buying at home goods, home improvement stores and more

What is the timeframe for Prime Day?

Prime Day will go from Tuesday, Oct. 13 at midnight, Pacific time — that’s 3 a.m. Eastern time — until 11:59 a.m. Pacific time (2:59 a.m. Eastern) Wednesday, Oct. 14.

Do I have to have an Amazon Prime membership?

Yes. The event is a members-only sale. If you’re a first-time Amazon member, you can get a 30-day free trial membership by clicking here. Otherwise it’s $119 a year.

For students, a membership is $59 a year or $6.49 a month.

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Sears exploring sale of home improvement business

By Jessica DiNapoli and Mike Spector

NEW YORK (Reuters) – Sears is exploring a sale of its home improvement business following interest from potential suitors such as private equity firms, people familiar with the matter said on Wednesday.

The struggling U.S. retailer’s Sears Home Services division has emerged as a coveted asset during the COVID-19 pandemic, as consumers embark on renovations while they stay home.

The division is one of the department store operator’s few crown jewels following its bankruptcy in 2018 and $5.2 billion sale to hedge fund manager Eddie Lampert, who was already its biggest shareholder and creditor.

Transformco, the owner of the Sears and Kmart retail chains, could raise at least $1 billion by divesting the home improvement business, the sources said. Sears has tapped investment bankers at Guggenheim Securities LLC to explore selling the business, the sources said.

Transformco could also sell a stake in Sears

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