Deleting a promotions folder does not also delete its contents. If you delete a folder that contains promotions or other folders, they are automatically moved to the top level in the folder list.
To delete a promotions folder:
On the Promotions page of the Marketing page, click the Manage Folders button.
Click the edit icon for the folder you want to delete.
Click Delete.
Confirm that you want to delete the folder or click Cancel to keep the folder.