Skip to main content
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Wal-Mart to Offer Most Black Friday Promotions Online First

Wal-Mart Stores Inc. plans to offer most of its Black Friday discounts to online shoppers hours before they become available in stores, as the company attempts to hold off challenges by other e-commerce rivals.
By
  • Bloomberg

SEATTLE, United States — Wal-Mart Stores Inc. plans to offer most of its Black Friday discounts to online shoppers hours before they become available in stores, as the company attempts to hold off challenges by Amazon.com Inc. and other e-commerce rivals.

The world’s biggest retailer, which said it still expects to draw record crowds even with the online push, will make the deals available on its website at 12:01 a.m. West Coast time Thanksgiving morning. The discounts will be available in stores starting at 6 p.m. that day, the company said in a statement.

In anticipation of the Black Friday rush, Wal-Mart has bought a larger number of the discounted items, including 1 million televisions, 15 million movies and 10 million pajama sets. The day after Thanksgiving marks the traditional start of the U.S. holiday retail season.

“All the customer indications we have is it is going to be a great day,” Steve Bratspies, Wal-Mart’s chief merchandising officer, said Wednesday at a store in Secaucus, New Jersey. “From our customers and the feedback we have gotten, the majority like it and we judge that basically by the traffic. Last year, boy did people show up, and they showed up in force. We expect them to do the same” this year, he said.

ADVERTISEMENT

While some retailers have been downplaying Black Friday — outdoor-gear seller Recreational Equipment Inc. is closing that day — the event remains one of the busiest shopping days of the year. Sales that weekend account for about 10 percent to 15 percent of total holiday sales, which are expected to reach $630 billion this year, according to the National Retail Federation.

“We have referred to it as the Super Bowl of retail,” said Bratspies. “People work for this all year. If you come out to our stores, there is an energy that can’t be replicated.”

By Shannon Pettypiece; editors: Nick Turner, Mark Schoifet.

In This Article

© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Retail
Analysis and advice from the front lines of the retail transformation.

Why Esprit’s Ambitious Rebrand Fell Short

The company is in talks with potential investors after filing for insolvency in Europe and closing its US stores. Insiders say efforts to restore the brand to its 1980s heyday clashed with its owners’ desire to quickly juice sales in order to attract a buyer.


How Adidas Sambas Took Over the World

The humble trainer, once the reserve of football fans, Britpop kids and the odd skateboarder, has become as ubiquitous as battered Converse All Stars in the 00s indie sleaze years.


view more

Subscribe to the BoF Daily Digest

The essential daily round-up of fashion news, analysis, and breaking news alerts.

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
The Business of Beauty Global Awards - Deadline 30 April 2024
© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.
The Business of Beauty Global Awards - Deadline 30 April 2024