Toys “R” Us stores will open at 9 p.m. on Thanksgiving, one hour earlier than last year. It’s the latest in the Black Friday retail battle to one-up the competition. Wal-Mart moved its usual midnight opening to 10 p.m. this year, and Target stores bumped its opening up to midnight. Black Friday is the real [...] [...]
by Associated Press Published: June 14,2011
Tags: Retail, Target
Americans bought fewer cars in May, pulling retail sales down for the first time in nearly a year. Sales among U.S. retailers fell 0.2 percent last month, the Commerce Department said. It was the first decline after 10 straight increases and the latest report signaling the economy has lost momentum. Consumers are struggling to deal [...] [...]
The front lines of the retail holiday price war have moved beyond toys and books into the DVD market. The Target Corp. said it will cut prices for 10 highly anticipated DVDs to $10, matching Wal-Mart’s prices. Wal-Mart, however, countered by cutting two cents off the DVD prices to $9.98. The DVD price war comes after Target [...] [...]
In an effort to entice more shoppers looking for Christmas goodies, Wal-Mart reduced prices on 100 toys by 20 to 30 percent. The move is a second marketing attempt to encourage shopping during the recession. Earlier this year, Wal-Mart dropped prices on 100 toys to $10. The latest rollbacks include popular licensed toys, interactive toys [...] [...]