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BREAKING NEWS: Wal-Mart's hiding some Black Friday deals

bigjimslade

By bigjimslade
in 2006

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bigjimslade

bigjimslade

Posted
Posted

Just off the wire service.....

 

http://money.cnn.com/2006/11/15/news/companies/walmart_onlinesales/index.htm?section=money_latest

 

Wal-Mart's hiding some Black Friday deals

After Web sites leaked its post-Thanksgiving discounts, Wal-Mart says it'll unveil more "specials" only on walmart.com and not in circulars

By Parija B. Kavilanz, CNNMoney.com staff writer

November 15 2006: 3:33 PM EST

 

NEW YORK (CNNMoney.com) -- Outfoxed by numerous Web sites leaking its doorbuster deals three weeks ahead of Black Friday, Wal-Mart is striking back by hiding other discounts until Thanksgiving day.

 

"A week from Friday is a big day. The internet has exposed everybody's offerings well ahead of time and now the race is to see who gets out first or last. That's going to happen and I don't think there's anyway around it," Wal-Mart's chief marketing officer, John Fleming, told a gathering of analysts at Morgan Stanley's Global Consumer and Retail Conference Wednesday.

 

"Everybody's seen our circular. They know our prices and we know everybody else's. But then we're going to add special offerings on Thanksgiving day online," he said. "After everyone finishes with the meal, we're going to use [walmart.com] as a channel to unveil special offers that nobody has visibility to yet."

 

Fleming said the idea was to use this strategy to drive consumers to Wal-Mart stores on Friday. Fleming's presentation was monitored via webcast in New York.

 

The day after Thanksgiving is dubbed "Black Friday" because it's when retailers are said to finally move out of the red, representing losses, and into the black, indicating profits. It also marks the start of the four-week shopping blitz leading up to Christmas.

 

Typically for competitive reasons, Wal-Mart (Charts), Target (Charts), J.C. Penney (Charts) and other retailers debut the eagerly awaited day-after-Thanksgiving specials only a few days in advance.

 

But in recent years, Web sites that market themselves as "official Black Friday deals" sites, such as Gottadeal.com have leaked these retailers' Black Friday circulars almost a month in advance.

 

A few retailers, including Linens 'n Things, have sent cease-and-desist requests to these Web sites, asking them to remove their circulars.

 

Among the deals Wal-Mart is offering its shoppers this year is a 42-inch plasma HDTV for $998. Industry watchers say this marks the first instance of a 42-inch flat-panel model priced below $1,000.

 

Meanwhile, executives from Wal-Mart's rival Target said Tuesday that the company would rush to match Wal-Mart's Black Friday discounts, especially on such big-ticket items.

mcmc

mcmc

Posted
Posted

:eyepoppin:eek::fluffy::gdlicklips::razz::groovin::yelclap::g_clap::g_dance::lolrun::gdclap::clapping::woot2::gdnum1:

 

 

Yes Wal_Mart I knew you had it in ya to do it!!!!

 

 

can't wait to see what you have in mind!!!

 

 

Yes!!!!

 

Find a way for those shoppers in Wisconsin to be able to have the same great deals!!! Clearance the stuff....Wisconsin Wal-Mart shoppers deserve good deals also!!!

Bunniq

Bunniq

Posted
Posted

I wonder if this was planned from the beginning of a result of people's lackluster reaction to their ad.

I think as a result of the ads being leaked and seeing what the other stores are offering as well as the reactions. I am sure they went to the websites to see the ads and saw the reactions. It was one of the reasons I started my poll (It was removed.) of why people were disappointed. I wanted to see the percentages and maybe have any retail higher ups see the numbers as well.

 

I am sure my family will think I am nuts when I keep checking the internet on Thanksgiving.

 

Nine more days til BF!!

 

:holiday08 :holiday08

Gurnee Al

Gurnee Al

Posted
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And of course GottaDeal.com will be covering all the online BF sales that day right here :)

Awesome! That means you'll be surveying all the web sites so I don't have to. I'll save some turkey for you! ;)

blssed2bme

blssed2bme

Posted
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THANKS GOTTADEAL MODS!! If it weren't for your website putting the BF ads out in advance, Wal-Mart would not be giving out additional discounts. So, thanks again for being "THE OFFICIAL BLACK FRIDAY DEAL SITE".
mcmc

mcmc

Posted
Posted
I am working from 1-10 on Thanksgiving and then I am just staying at workovernight through Blitz then I work 1-10 on Black Friday!!
ebony0421

ebony0421

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Last year my husband used to say little smart comments like, "Did you do anything today other than check gottadeal?" Of course that was before bf last year. Now he says,"Did you check gottadeal again?" My favorite is "Any new ads on gottadeal yet?" Gotta luv'em.:yup: :yup:
amyers12345

amyers12345

Posted
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Good thing you guys are going to monitor this Brad. I have little faith in the Walmart website after all of the complaints about the Elmo thing. If their server wasn't strong enough to handle Elmo traffic, how will it handle us?!?!?!:confused:
monster2369

monster2369

Posted
Posted

And of course GottaDeal.com will be covering all the online BF sales that day right here :)

I am and I will be waiting to see it pop up, i might get my alert sent to my cell phone just so I do not miss it!!! wooohoo!!! I live right around the corner from walmart so this is great!!!!:yup::smirk::yup:

johjstc

johjstc

Posted
Posted
probably a stupid question but are they saying the deals are going to be on there to buy that night or its another ad that they are holding on to until that night and are going to post it on their site??
deelite

deelite

Posted
Posted
Well, what about the shipping!!!! Everyone is so excited about the deals, have they mentioned if they would be having free or low shipping??? Because shipping on a 42 inch tv will be pretty high.:confused: And what if you have a buggy load of items...the shipping will be out the roof.
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