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cjqueen

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  1. Walmart's Slump Means Big Savings for Holiday Shoppers

    By REBECCA JARVIS EMILY KNAPP

     

    What is bad news for Walmart investors may be good news for Walmart shoppers this Christmas. The giant retailer's disappointing sales outlook may actually contribute to deeper holiday discounts.

     

    Walmart announced on Wednesday that its sales outlook for 2017 is lower than expected, causing shares to tumble in a brutal selloff. That caused a domino effect across Wall Street, taking many other major retailers with it. In the company’s worst day of trading in 27 years, Walmart’s value fell by $21 billion in a matter of hours.

     

     

    Walmart and other brick-and-mortar retailers have been struggling to increase sales in the face of heightened competition, both from each other and from online retail giant Amazon, which has a reputation for undercutting its competitors’ pricing.

     

    So, in an effort to remain competitive and lure in customers, retailers such as Walmart will likely be slashing prices, quite possibly earlier in the season than before.

     

    “I think we’re going to see pretty aggressive discounts -- 30 to 40 percent off is going to be standard fare,” said Joe Feldman, senior managing director of Telsey Advisory Group. “As we get closer to the holiday and certainly after Christmas, there will be 40 to 50 percent off.”

     

    Walmart is already offering everything from layaway to price-matching, and friends and family discounts.

     

    Walmart's struggles on Wall Street come one week after news emerged that the retailer was cutting 450 jobs at its headquarters in Arkansas.

     

    http://abcnews.go.com/Business/walmarts-massive-selloff-means-holiday-shopping/story?id=34486513

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  2. We went to our walmart today and I was amazed at how much stuff they had left from the BF sale -- TVs, vacuums, shop vacs, Hot Wheels, kids pajamas. Everything but hot wheels and pajamas were priced back up. I didn't even go down each of the main aisles. There may have been more.

     

    We didn't get the blue wii because my kids wanted one that would play Gamecube games (which we have a ton of). I got one of the Mario Kart bundles from Gamestop.

  3. BF is not the same as it was 5 years ago or 10 years ago. I didn't go out this year, but I know that last year it was more crazy than usual. I think it's the 10PM/midnight opening of the sales. The crowd has changed. It's not the usual bargain-shoppers who help each other. It's a free-for-all, a "don't get between me and my $1.50 towel or else" crowd. :rolleyes: And, I'm from a really small town. Several years ago, I did take my two oldest boys with me one time to Walmart of BF. They were 9 and 7. It wasn't nearly as crazy as it is now. I wasn't scared for them and they were never in any danger. But I would never take my 8 & 10 YO with me now.

     

    What's sad is that I went to my Walmart today, and A LOT of the BF sale stuff is still there. I did 99.9% of my shopping online this year out of necessity, and I really think that is the way I'm going to go from now on.

  4. Is the assumption that we need to be purchasing as we go, vice putting items in cart and continuing to browse? Figure things may go fast. I just need the PS3 Bundle, but want others good deals. However, timing may be the deciding factor.

    Some of the items are not available to put in your cart yet. You can try to put the ones that are available in your cart. The prices may change when the sale goes live.

     

    eta: Read noehlp's post below. I apparently have problems reading lately. LOL

  5. Here's another interesting question. Last year, for the large items (TVs), you had to get a ticket at 4 AM (or whatever time the sale started -- I can't remember), go pay for it immediately, then go pick up your TV in the tire/lube section bay outside. How would that work for layaway?
  6. Still be wary about layaway and BF items. I was picking up a STS the other day and saw a woman putting stuff on layaway. She had a set Cars toys that she couldn't put on layaway because they didn't scan in the right department (toys). ??? I just suggest having a back-up plan. :)

     

    eta: And it was over the $15 limit.

  7. I am thinking along the same lines. Part of this is that I noticed a different type of person out when the store opens at midnight than when we are there up early in the morning. Last year the number of people who had partied well before going to Walmart was interesting.

    Yes, it wasn't the same bargain-shopping crowd of previous years. It was a bunch of kids and people who were too rowdy, and rosy cheeked not to have been drinking.

  8. Hi, I just wanted to reply to this comment so as to clear up a little confusion. You're right there is no Wii 2, and probably never will be. The next Nintendo console is the Wii U, which may possibly be coming out late next year. Some may consider this the Wii 2, but that's not it's official name. As for this "handheld device" it isn't so much a handheld device as it is the new controller. It will features 6" touch screen along with the usual bevy of controls and buttons. This new controller will not work with the old Wiis available now, only with the new Wii U when it comes out. This will most likely apply for all the Wii U accessories. However, I should note that all Wii accessories (or at least I assume all of them, if not at the very least the most popular of them) will work with the Wii U. This shouldn't be surprising as the Wii U will play Wii games. One other thing to note is that the Wii U will be Nintendo's first HD console ever, with graphics that should give the 360 and the PS3 a run for their money. Also note that while this new console will make the new games look good, it won't weave any kind of magic to make your Wii games look any better than they already do.

     

    So, there you have it. If you have any questions I can gladly answer them.

    Kind of off-topic, since this question is about the Wii U... but will the Wii U be able to play DVDs?

     

    That's another thing the Wii is lacking in comparison to Xbox & PS

  9. May be a little off topic, but there is actually a reason the new Wii is not called the Wii 2... because 2 in Japanese is Ni (pronounced knee). So it would be called the Wii-Ni.... just a little useless but factual trivia.

    Thank you. After the day I've had, I needed that. LOL

     

    :jester:

  10. There are some great ideas on here! Ones I wouldn't have been able to think of!

     

    Santa always comes on Christmas morning, but traditionally the kids open presents from us on Christmas Eve night. We have had to open them on Dec. 23rd in the past or have the kids get up at 5AM to open gifts from Santa before hubby goes in to work, because my husband is a firefighter/EMT and usually has to work either Christmas Day or Christmas Eve. This year, he took off a whole week around Christmas! He'll be home Dec 22-28. It's going to be great!

     

    eta: OP, I hope everything works out well for you and your family. I have an 8 YO and 10 YO, so I know how how delicate the Santa issue is at that age.

  11. My list keeps changing because I keep adding more to the kids' lists. (More money for them = less money for me, but that's ok. ;) )

     

    First I wanted a mom's ring -- you know the ones with all your kids birthstones in them? The Christmas after my first son was born, my husband surprised me with a ring that said "Mom." It was just a cheap $20 ring, but I've worn it for 17 years now. Our last child will be born right before Christmas, so I thought it was finally time for a birthstone ring.

     

    Then, I saw the Kindle Fire! lol But, I'll probably do like a previous poster and wait for some reviews.

     

    But, mostly, I just want a really great, family Christmas this year. We'll have a new baby and this will be the last Christmas before my oldest goes to college. I want to make some great memories.

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