Holiday Price Wars Round 1 to WalMart

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Holiday Price WarsRound 1 to WalMart

• Eden Stoller
• Erin Peterson
• Katy Mullis
• Tiffany McLay

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Black Friday is Upon Us!!!

• BEWARE!
• (And Watch Your Wig)

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What Is Black Friday?

• The Day After Thanksgiving
• THE BIGGEST SHOPPING DAY OF THE YEAR
• The Best Sales Before Christmas
• Store Hours
• Traditionally Opened between
• 5-7am
• New TrendOpen at Midnight!

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Black Friday at WalMart

• Usually Opens Doors at 5am
• Rush for Key Sale Items
• Latest Toy or Video Game System
• 25 DVD Player

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Tis the Season at WalMart

• Disappointing Same Store Sales Increases
• Three Price Cuts Already
• This Holiday Season
• First Major Retailer to Cut Prices for Holidays

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The Dark Side of Early Price Cuts

• A Sign that WalMart May Not Hit Holiday Sales
  Targets?
• May Trigger Price War
• Target Expected to Respond

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Not So Happy Holidays

• For Retailers
• November December Sales Can Account for up to
  50 of profits for the Year
• Holiday Sales Expected to Grow 5, Less than Last
  Year
• Inventories Relatively Lean this Year
• Inventory May Not Match Demand if a Price War
  Occurs
• Black Friday Sale Prices and Advertises Leaked
  Online

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Our Black Friday Survival Tips

• Check Out the Ads / Do Your Research
• Make a List
• Compile a Strategic Plan
• Be an Early Bird
• Wear Comfortable (running) Shoes
• Clean Out Your Trunk
• Buy Now Return Later!
• Bring Snacks and Remember to HYDRATE

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Source

• Kavilanz, P.B. (2006, November 6). Holiday
  price wars Round 1 to Wal-Mart. CNNMoney.com.
  Retrieved November 15, 2006 from
  http//money.cnn.com/2006/11/06/news/companies/hol
  iday_discounts/index.htm?postversion2006110709
• Supplementary Sources
• Gogoi, P. (2006, November 3). Tis the season
  for price cuts. BusinessWeek.com. Retrieved
  November 15, 2006 from http//www.businessweek.com
  /bwdaily/dnflash/content/nov2006/db20061103_475111
  .html
• Kavilanz, P.B. (2006, November 2). T.M.X.
  trouble Elmo is stolen! CNNMoney.com. Retrieved
  November 15, 2006 from http//money.cnn.com/2006/1
  1/02/news/companies/stolen_elmo/index.htm
• Kavilanz, P.B. (2006, November 9). Wal-Mart's
  Black Friday deals uncovered. CNNMoney.com.
  Retrieved November 15, 2006 from
  http//money.cnn.com/2006/11/09/news/companies/wal
  mart_blackfriday/index.htm?postversion2006110915
• Kavilanz, P.B. (2006, November 10). Wal-Mart
  gets busy More holiday price cuts. CNNMoney.com.
  Retrieved November 15, 2006 from
  http//money.cnn.com/2006/11/10/news/companies/wa
  lmart_pricecuts/index.htm
• Maestri, N. (2006, November 14). Now online
  U.S. retailers' Black Friday secrets.
  Reuters.com. Retrieved November 15, 2006 from
  http//today.reuters.com/news/articleinvesting.as
  px?viewCNstoryID2006-11-14T230438Z_01_N13488676
  _RTRIDST_0_RETAIL-USA-WEBSITES.XMLrpc66typeqcn
  a

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Wheres Elmo?

• 100 T.M.X. Elmos Missing!!!
• Disappeared En Route to a
• WalMart Store
• Reward Offered for Their Safe Return
• A Trip to a Comedy Club in NYC