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Nov14
Wal-Mart Leads the Consumer-Luring Pack to Black Friday
Before the turkey is carved, before the gravy is poured and before the last bwalmart%20logo%20image.gifit of pumpkin pie is served, there is only one thing on most consumers’ mind: finding deals on consumables at various retailers on the infamous “Black Friday.” Black Friday is the day after Thanksgiving when retailers experience such a significant rise in revenue that it is dubbed “Black Friday” because it puts them in the black and gets them out of the red for the rest of the fiscal year. Retailers strategically place ads offering deals and steep discounts that make consumers want to shop with them. And each year, year after year, it has been the same for the largest retailer in the world, Wal-Mart (Public, NYSE:WMT) stores who garner a hefty percentage of the consumer’s cash. A definite leader in its industry, Wal-Mart has been savvy in finding out what consumers want, what consumers like, tracking buying trends by demographics and in creating an all-general feeling of spending.

 


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