Word: walmarts
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...food coma: you'll need your wits about you for Black Friday. The traditional day-after-Thanksgiving shopping bonanza has become a full-contact sport, with crazed shoppers determined to find the best deals, sometimes with tragic results. In last year's frenzy, a worker at a New York Walmart was trampled to death when the store opened its doors; two shoppers were shot in a dispute at a Toys "R" Us in California. The ensuing safety concerns may have prompted some shoppers to think twice, but retailers still expect a bonanza: the weekend after Thanksgiving is expected to account...
...shoppers make a plan of attack for the big day. And attack they will - the National Retail Federation anticipates 134 million people will hit the stores on Thanksgiving weekend. After the deaths last year, there's an added focus on making sure stores are ready to handle the crowds. Walmart extended hours to keep stores open on Thanksgiving Day to try and handle the crush and had safety experts develop plans for all their stores, a tactic followed by many retailers...
Still, the deepest discounting will likely come from retailers that sell electronics, books and toys, where competition from online vendors is fierce. Pricing wars have already erupted, with Walmart going head-to-head with Amazon. The two chopped prices on hot new hard-cover releases to less than $10 apiece for shoppers who preordered books on their websites. Similar price battles have been launched in toys and electronics, with Walmart's chief merchandising officer, John Fleming, proclaiming, "We're going to be the price leader for this holiday season." Best Buy's executive vice president of customer operating groups, Mike...
...able to withstand the recession, right? As retailers ramp up for the all-important holiday shopping season, at least the toy stores know that they have a hit on their hands. Fuzzy, electronic toy hamsters called Zhu Zhu Pets are flying off the shelves at major outlets like Walmart and Toys "R" Us. Demand for the pets is so high that Zhu Zhus, which retail for $8 at Walmart, are going for $60 on secondary-market sites like Amazon.com and eBay.com. The hamsters, which have names like Mr. Squiggles, Pipsqueak and Num Nums, scoot around and coo like real pets...
...biggest bargains and heaviest competition on Black Friday will be in electronics, where retailers such as Best Buy, Walmart and Target are gearing up to offer "door buster" sales for items ranging from flat-screen TVs, smart phones and home-theater systems to laptops and e-readers. Aside from those predawn door crashers, regular shoppers can expect discounts of up to 60% on certain products on Black Friday, says Vitelli...