billddrummer

Walmart Has a Black Friday

Good article.

Another thing that was happening during the Black Friday frenzy is that consumers were looking not just for doorbusters, but also for other deals within the stores. Retailers in this area (Reno NV) responded by having unadvertised manager's specials bulk-stacked in the aisles, salespeople line-selling accessories to customers waiting at register lines, and dedicating 'express checkout' for people looking to purchase only a couple of things.

It seemed to work in some stores, not so well in others.

The CE outlets seemed to do well that day, although no one really knows whether any profits were generated.

the rest of the season will tell whether there will be additional discounts as the shopping days fall away, and inventory doesn't.

Retailers Leading the Way? Not Really.

A great analysis!

I've long maintained that since COST and WMT sell food and gasoline, those sectors will prop up comp sales even if merchandise sales slow. You've proved the point brilliantly.