Raking leaves, pumpkin pie, scarves; all of these remind me of Fall. One other thing that reminds me of Fall is the buyer motivated Black Friday festival. Wal-Mart is really one of my preferred places to go on Black Friday, not because I want a big ticket item, but because it is so fun to people-watch at Wal-Mart (the store I shop at is in a small town). This year, Wal-Mart wants to entirely corner the retail economy; on everything form big screen televisions to turkey. Turkeys are going up for sale nationally at Wal-Mart for 40 cents per pound starting November 4th. According to a study by the American Farm Bureau Federation, that is 1/3 of last year’s turkey cost. Along with turkey, Wal-Mart will be reducing prices on canned vegetables, cranberry sauce, stuffing, and red potatoes. You may as well be able to find deals on rolls and pumpkin cake. The goal is to have a $20 meal that can feed eight people. One more thing that the retailer is doing is having slighter sales during some weekends until Christmas where you can get big deals on big ticket items. This weekend, you can buy a HP laptop for $300 and a 42 inch Sharp LCD TV for $500. While the laptop is not precisely the most excellent on the market, you can get a 15.6 inch laptop for the identical price that many people are paying for netbooks, and I promise that the HP will out perform any of the netbooks that Wal-Mart has. Wal-Mart, although it is a huge company, has had its stock slip 11% this year. Even after it announced the price drops previously, the stock still slid a bit. What really matters is after the holiday season when all the merchants will verify how they did. There aren’t too many Black Friday ads out as of today, not a lot that have been released at any rate. The rumors are going around, however, that this year will have decent sales to get individuals to come in and spend money. The retail stores really need for people to spend a lot of money this season (even though this will probably be another poor Christmas season).
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Raking leaves, pumpkin pie, scarves; all of these remind me of Fall. One additional thing that reminds me of Fall is the shopper driven Black Friday festival. Wal-Mart is actually one of my preferred stores to go on Black Friday, not for the reason that I want a big ticket item, but because it is so fun to people-watch at Wal-Mart (the store I shop at is in a little town).
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