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Target And Walmart Are Leading The Markdown Death Spiral

Forbes - Tech

More and more, I have seen retailers falling into the trap of using markdowns as a pricing strategy. This strategy was on full display over the 2016 holiday season. "Median discounts across top retailers during Thanksgiving weekend increased by 5 percentage points to 16 percentage points over 2015," according to Boomerang Commerce, a provider of retail pricing technology. In addition, Boomerang reported that Target's median discount for products listed on the first page of their black Friday deals page rose an additional 27% from last year to 43%! Walmart's average discount on promoted items rose from 28% to 33%, a whopping 17%! People walk past a Wal-Mart Express store in Richfield, North Carolina, U.S., on Friday, Jan. 15, 2016.


Staples has launched its 7 Days of Black Friday 2020 deals--shop our top picks

USATODAY - Tech Top Stories

From Amazon devices to HP laptops, Staples has tons of amazing markdowns this week for Black Friday. Purchases you make through our links may earn us a commission. For deal-hunters, gift-givers and Santa's little helpers alike, tracking down the best Black Friday deals can be seriously exhausting. That's especially true this year, since the shopping holiday has received a huge face-lift courtesy of big-box retailers, such as Best Buy, Kohl's and more. In light of the COVID-19 pandemic, stores are offering price drops super early instead of waiting until the day after Turkey Day, allowing shoppers to virtually shop'til they drop without having to leave the comfort of their homes.


Black Friday 2020: Home Depot, Walmart and more great sales happening now

USATODAY - Tech Top Stories

Prepare to shop'til you drop with this compilation of early Black Friday 2020 sales. Purchases you make through our links may earn us a commission. Black Friday savings traditionally occur the day after Thanksgiving, with customers often forming lines outside stores' doors to get their hands on the best deals possible. This year, however, due to the ongoing COVID-19 pandemic, the shopping holiday is shaping up to look a bit differently. We're still weeks away from the big day, which falls on Friday, November 27, but many major retailers--Best Buy, Walmart and Target among them--have launched their Black Friday sales early, with deals being released in waves throughout the month to boost seasonal excitement and help customers shop as safely as possible.


Here's how to make sure you're getting the best deals on Cyber Monday

Mashable

After yet another record-breaking Black Friday online, retailers are looking to keep the momentum going this week with a flurry of new Cyber Monday deals.


Macy's just kicked off its Black Friday 2020 sale and the price drops are amazing

USATODAY - Tech Top Stories

Purchases you make through our links may earn us a commission. There's so much to love about November. The tail-end of autumn is filled with Thanksgiving prep, early holiday shopping, and, perhaps most exciting of all, tons of Black Friday deals just in time for the gift-giving season. This year, you don't even have to wait until the day after Turkey Day to start snagging these incredible discounts--in fact, customer-loved retailers such as Macy's have already begun their first wave of markdowns. Right now, customers can shop'til they drop at the Macy's Black Friday Early Access Sale, which encompasses tons of major markdowns on everything from too-cute holiday décor and must-have cookware sets to winter-ready apparel for the whole fam.