In an effort to one-up the competition, maximize profits and ensure customer satisfaction, Wal-Mart will start its Black Friday sales on Thursday, Nov. 28, at 6:00 pm. That’s a full two hours earlier than 2012, and is the first of a number of changes to be implemented by the world’s #1 retailer to improve upon 2012 sales. According to Duncan MacNoughton, Wal-Mart’s chief merchandising officer, stores will also carry at least 65 percent more TVs, laptops, and other popular gift items, while also implementing a staggered schedule of offering even deeper price cuts to encourage “appointment shopping” and to reduce the bedlam that typically signals the beginning of the holiday shopping season. If these Black Friday changes affect sales as expected, investors should watch for an even earlier indicator of holiday sales trends as well.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker, financial journalist, and money manager. As well as a book author and regular contributor to numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: