Reuters Blogs

Shop Talk

Retailers, consumers and prices

17:44 November 16th, 2007

Retailers hope consumers will gobble up holiday sales

Posted by: Nicole Maestri
Tags: Shop Talk

With less than a week to go before Thanksgiving, retailers are hoping a dose of turkey and some stuffing will lull shoppers into a spending mood during the three-day holiday shopping weekend.

Retailers have tried to get shoppers spending early this year, rolling out holiday deals in September and October, but they are headed into the Thanksgiving weekend on edge, worried that consumers will keep a tight hold on their purse strings in the face of a shaky economic environment and lack of must-have products.turkey.jpg

To wake shoppers out of their Thanksgiving food comas, some, including Wal-Mart and Circuit City will offer special deals on their Web sites on Thanksgiving day, while others will open at midnight Thanksgiving night to jump-start the weekend madness.

The first 1,500 customers who arrive at King of Prussia Mall in Pennsylvania on Black Friday with a special voucher printed from the mall’s Web site will get a survival bag, complete with bottled water and chocolate covered pretzels. 

Wal-Mart’s Sam’s Club warehouses will open at 5:00 a.m. and offer a continental breakfast, while Best Buy will hand out coffee and doughnuts to those shoppers who line up at its stores in the wee hours.

Retailers’ full plans for the three-day Thanksgiving shopping weekend have still not fully been unveiled. Wal-Mart is planning to reveal its holiday weekend blitz plans on Monday - stay tuned for more!

(Read more about which retailers might be winners and losers this holiday)

Post Your Comment

*
To prove you're a person (not a spam script), type the security word shown in the picture. Click on the picture to hear an audio file of the word.
Click to hear an audio file of the anti-spam word

House Rules:
  • We moderate all comments and will publish everything that advances the post directly or with relevant tangential information
  • We try not to publish comments that we think are offensive or appear to pass you off as another person, and we will be conservative if comments may be considered libelous information.