Black Friday

October 28, 2010 News Brief Stores Push relentless Friday Into October The article by Stephanie Clifford stood out to me because I never heard of the term Black Friday right before Halloween. Retailers become changed their marketing outline adjusting to the preservations situation. Consumers thinking has also changed and previous methods which were used to make believe customers into the stores to obtain were non working. In the previous years, foot calling remained high but revenues were not what were expected. Since people argon not spending as much as they use to and atomic number 18 not go forthinging to requital full price for items they will s accuse pass on the sale. Stores are trying to maximize their profits and get consumers to spend with them early as possible. galore(postnominal) retailers are now having sales before Thanksgiving which is a change from people waiting to do their shopping after Thanksgiving. For retailers this means that competition this year has increased greatly since consumers have less to spend are not willing to pay full price. In the past, much of the revenue was earned specifically around December but now with the new strategy revenue will be spread out amongst 2-3 months.

Retailers will have to think about different origin factors such as inventory, hiring workers to accommodate the longer sale period, and their fellow worker competitors and their strategy. This leaves us to wonder what effect will they have on the smaller retail stores and the negative impact they can by chance have. Retailers will have to mark their items appropriately to get them to secure because foot traffic will not necessarily imply sales. The economy and unemployment is affecting them and will continue to in the pastime years if the trend continues. For consumers this means they will have to pass judgment whether these items are in fact a bargain purchase for them. Technically they will have the upper hand since they are willing to pass an item if not appropriately priced. Also, consumers will have more... If you want to get a full essay, recite it on our website: Ordercustompaper.com

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