Business

Black Friday 2015 deals, rumors and opening hours: revenue to go down again

Black Friday 2015 deals, rumors and opening hours: revenue to go down again

Black Friday 2015 deals, rumors and opening hours: revenue to go down again

Black Friday ads are slowly being released by retailers. K-Mart was probably the first one to come out with a detailed list of deals that it is going to make available to shoppers. They were followed by Toys R Us and now other retailers are joining the party.

The reason behind early launch of deals for the shopping season is the fact that people want them early. Otherwise retailers wouldn’t have bothered to come out with such details more than a month in advance. It must be kept in mind that many retailers start offering the deals quite early, even weeks before the Black Friday shopping day.

Despite the fact that there has been a subtle change in people’s attitude towards Black Friday and the sort of discounts the day offers, many people still love to shop on this day. The biggest change this year will be seen when REI, a retailer with more than 140 branches will shutter down on Black Friday.Toys R Us black friday ads

In the meantime deals and store hours not are being released by retailers. Best Black Friday has come out with a long list of retailers that have confirmed their Thanksgiving Day closures as of Wednesday, October 28. There are more likely to be added before it gets too far into November. They include Half-Price Books, Costco, GameStop, Mattress Firm, Von Maur, Staples, P.C. Richard & Son, Harbor Freight and REI.

It is amazing to see that a few leading retailers who were open last year on Thanksgiving will remain closed this year. GameStop and Staples are among those who have decided not to open their stores on that day. The diminishing Black Friday revenue seems to be the reason behind their less than enthusiastic attitude. Another reason may be the fact that with economy doing better than previous years, retailers are not as desperate as they were when economy looked down.

In the meantime REI President and CEO Jerry Stritzke has justified his decision to remain closed on Black Friday. All 143 of REI’s stores will be closed the day after Thanksgiving, so don’t try to go there. REI President and CEO Jerry Stritzke was cautious at first about closing but wants to paint the bigger picture. “Any retailer that hears this will be startled by the idea. As a co-op… we define success a little differently. It’s much broader than just money. How effectively do we get people outside”, says he.

On the other hand the retailers who want to down their shutters on Thanksgiving are doing so to let their employees and shoppers both enjoy the day with their family and friends. Reports suggest that many retailers will open very early on Black Friday. The retailers who are among this group include Staples, GameStop besides others who will be ready to receive shoppers as early as 6 a.m.

black friday shopping 2015

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