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.

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.

This is the first time Amazon’s membership deals event runs for four days. The deals could give the digital economy a big boost.