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[CNN] Black Friday at Wal-Mart revealed?

Discussion in 'BBS Hangout' started by Supermac34, Nov 1, 2005.

  1. Supermac34

    Supermac34 President, Von Wafer Fan Club

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    Black Friday at Wal-Mart revealed?
    Web sites say hot deals will include $398 HP laptop, 12-cup coffeemaker for $4.24.
    November 1, 2005: 1:10 PM EST
    ByParija Bhatnagar, CNN/Money staff writer


    http://money.cnn.com/2005/11/01/news/fortune500/walmart_blackfriday/index.htm?cnn=yes

    NEW YORK (CNN/Money) - Someone may have let the cat out of Wal-Mart's Black Friday bag early -- and it looks like the No. 1 retailer's ready to aggressively battle on prices in the weeks ahead by going very low on some hot products.

    And here's what to expect: A Hewlett-Packard Pavilion ze2308wm notebook computer for $398; an HP Photosmart E317 digital camera for $98.88; a Lexmark all-in-one printer, scanner and copier for $39.88; and a 12-cup coffeemaker, food chopper or 2 qt. slow cooker for just $4.24.

    Typically Wal-Mart (Research) and other retailers debut the eagerly awaited day-after-Thanksgiving specials a few days in advance. Wal-Mart hasn't officially debuted its Black Friday ads, but the information appears to have been leaked to a few Web sites.

    Wal-Mart spokeswoman Sharon Weber told CNN/Money that she was not aware that the information about the retailer's specific Black Friday sales was already public information. However, Weber said she would refer the matter to her colleagues.

    "Last year Wal-Mart didn't discount heavily on Black Friday and the first week after. What happened? Comparable sales fell 3 percent," said Marshal Cohen, chief retail analyst with market research firm NPD Group. "This year Wal-Mart's making sure that it's not caught with pants down again. I'm shocked to see how low Wal-Mart is prepared to go this year."

    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 (profits). It also marks the start of the four-week shopping blitzkrieg leading up to Christmas.

    Brad Olson, the founder of Gottadeal.com, a Web site that markets itself as the "official Black Friday deals site," told CNN/Money that he obtained Wal-Mart's Black Friday sales ad last week from "someone close to the production process for the ads."

    "That's why I'm confident that these Wal-Mart deals are legitimate," Olson said.

    According to Gottadeal.com, which posted the list of Wal-Mart's Black Friday bonanza on blackfriday.gottadeal.com, the retailer is apparently hoping to lure holiday shoppers by slashing prices on consumer electronics, DVDs, home products and toys.

    Cohen said he saw the list on the Internet about a week ago and believes it to be legitimate.

    "I don't think Wal-Mart intended for it to get out this early because there's an element of surprise involved. It definitely does create a buzz, but it also give its competition time to respond," said Cohen. "I think Wal-Mart will use some products to pull holiday shoppers in and use these as big bargain loss-leaders."

    But he doesn't expect Wal-Mart to offer bargain basement prices on the must-have items like Apple's iPod Nano, which the retailer recently announced will be part of its "Home for the Holidays" campaign set to kick off Tuesday.

    "You don't want to destroy the pricing structure on hot products by discounting everything deeply," Cohen said. "The rule of thumb is don't be overly promotional if you don't need to."
     
  2. TRIQSTER

    TRIQSTER Member

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    laptop for 4 bills is insane...they are prolly gonna be sold out ten minutes into the store opening
     
  3. Supermac34

    Supermac34 President, Von Wafer Fan Club

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  4. flamingmoe

    flamingmoe Member

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    that laptop doesn't look too bad, especially for that price..

    http://h20000.www2.hp.com/bizsupport/TechSupport/Document.jsp?lang=en&cc=us&objectID=c00521954

    Microprocessor
    1.6 Ghz Mobile AMD Sempron™ processor 2800+ with AMD PowerNow!™ Technology

    Microprocessor Cache
    256KB L2 Cache

    Memory
    256MB 333MHz DDR System Memory (1 Dimm)

    Memory Max
    1024MB

    Video Graphics
    ATI RADEON® XPRESS 200M IGP

    Video Memory
    32MB DDR (shared), user configurable up to 128MB

    Hard Drive
    40GB (4200RPM) Hard Drive

    Diskette Drive
    External USB Floppy Drive available for customers via hpshopping.com or local retailers

    Multimedia Drive
    24X DVD/CD-RW Combo Drive

    Display
    15.0" XGA TFT Display (1024 x 768)

    Fax/Modem
    High speed 56k modem

    Network Card
    Integrated 10/100BASE-T Ethernet LAN (RJ-45 connector)

    Wireless Connectivity
    54g™ 802.11b/g WLAN with 125HSM/SpeedBooster support

    Sound
    Altec Lansing

    Keyboard
    101-key compatible

    Pointing Device
    Touch Pad with dedicated vertical Scroll Up/Down pad

    PC Card Slots
    * 1 Type I/II 32-bit card bus (also support 16-bit)

    External Ports
    * 2 Universal Serial Bus (USB) 2.0
    * 1 headphone-out
    * 1 microphone-in
    * 1 VGA (15-pin)
    * 1 TV-Out (S-video)
    * 1 RJ-11 (modem)
    * 1 RJ -45 (LAN)

    Dimensions
    13.15"(W) x 10.80"(L) x 1.29"(min)/1.63"(max)(H)

    Weight
    6.51lbs

    Security
    * Kensington® MicroSaver lock slot
    * Power-on password
    * Accepts 3rd party security lock devices

    Power
    * 65W AC adapter
    * 6-Cell Lithium-Ion (43Whr)
     
  5. Faos

    Faos Member

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    I'm in the market for a portable dvd player. I wonder if they'll have any of those. Still, there's now way I'd want to stand in line or get trampled by those crazies.
     
  6. Faos

    Faos Member

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  7. Davidoff

    Davidoff Member

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    Cool, thanks for the post Supermac
     
  8. Faos

    Faos Member

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    That www.gottadeal.com site mentioned in the article is pretty sweet. I saw a Lite-On dvd recorder that caught my eye at what seems like a good price and has gotten good reviews from what I could find.
     
  9. AMS

    AMS Member

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    this list had been leaked almost 2 weeks ago
     
  10. RocketForever

    RocketForever Member

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    Would anyone consider to camp outside the store for one night? It worths the effort.

    [​IMG]
     
  11. Dr of Dunk

    Dr of Dunk Clutch Crew

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    I like how this is a "news story". Black Friday sales for Best Buy, Walmart, Target, Sears, etc. are posted on sites like anandtech.com and fatwallet.com before Black Friday every year.
     
  12. rrj_gamz

    rrj_gamz Member

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    That's sweet, but they'll probably only have like 2 to a store... :(
     
  13. RocketForever

    RocketForever Member

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    You just need to be the first one standing in line when they open the door on that day.
     
  14. Deckard

    Deckard Blade Runner
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    Good enough to scroll through this place, anyway. ;)
     
  15. firecat

    firecat Member

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    I thought that Wal-Marts were all open 24 hours. What time would the deals start? Right at midnight?
     
  16. Xerobull

    Xerobull ...and I'm all out of bubblegum

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    These sales leak every year. Check the Hot Deals forum at www.fatwallet.com for more stores.
     
  17. DUCK2324

    DUCK2324 Member

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    They are only closed Thanksgiving and christmas.
    They are referring to the Horrid shopping day after Thanksgiving. Hens Black Friday

    It normally opens up around 5 AM
     
  18. Lil Pun

    Lil Pun Member

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    SuperCenters are usually opened 24/7 but the deals are not good until 6 AM.
     
  19. Lil Pun

    Lil Pun Member

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    Wal-Mart is open on Thanksgiving, the only time they close during the year is Christmas.
     
  20. Xerobull

    Xerobull ...and I'm all out of bubblegum

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    Yea, most Black Friday stores open around 6 am.

    To be honest, it's a big waste of time for me. Keep your eyes peeled for online sales at stores like Amazon- that's your best bet for cheap XMas gifts.
     

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