business news in context, analysis with attitude

Time has a story about how "the largest U.S. retailers have thrown down the gauntlet this year and announced deeper Black Friday weekend discounts than ever over a longer period, as they are desperate not to lose a single penny to the competition during the holiday shopping wars."

Three examples:

• "Wal-Mart Stores, which recently lowered its sales forecast for the year, stirring fears about its holiday prospects, has announced an aggressive program of deals for what is now a full-on Black Friday week."

• "Target is also going all-in with more deals this year. The discount chain, which already held a pre-sale this week, will offer Black Friday deals starting on the preceding Sunday that will last for a week. And it will offer a few items on sale early on the Wednesday before the holiday."

• "Best Buy, to get a leg up on its rivals on a shopping day that is heavy on electronics, will open its stores at 5 p.m. on Thanksgiving with Black Friday deals. Its stores will remain open until 1 a.m., then re-open at 8 a.m. It will also hold an online-only “doorbuster” sale on Thanksgiving."
KC's View:
I don't know about anyone else, but I'm already tired of the holidays and the Black Friday stories.