Thursday, November 8, 2012

What the big box retailers are betting on this holiday seson?

This year the Thanksgiving Day and Black Friday, which will be observed on November 22 and 23 respectively, are looked upon by the major retailers as the important days for the profitable ending of the year. The Black Friday is so named because it is time of year when many big box retailers are said to cross the line between loosing and making money. The holiday season sales account for approximately a 1/4 of the annual sales of Walmart. This time of the year Santa goes around to bring bags of cash to the deserving retailers that served their clients well and made them happy.

This year, the major retailers like Walmart, Target, Sears, etc. are placing a much bigger bet on the Thanksgiving Day than before as they are sure that their shoppers want to start the holliday season earlier rather than later. Or maybe the bigger reason for this early push comes from the latest figures from the NRF that anticipate that the holiday spending will "rise to 4.1 per cent, down from 5.6 per cent growth in 2011".

Here are some of the deals and services that the shoppers can enjoy this Thanksgivign:

1. the Kmart, Sears, Walmart,  will be open on the Thanksgving Day
2. Walmart will kick off its sales at 8pm on this day
3. It guarantees that those in the line-up will be able to buy the trio of gadgets (it stocked up deep on the electronics)
4. Walmart is offering layaway options, which started in mid September
5. Walmart and Target have publshed toy catalogues
6. The deals will become available in rounds in order to avoid a tragedy that happened in 2008
7. Walmart will be selling iPad2 16G with Wi-Fi for $399 with $75 Walmart giftcard

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