Friday, November 21, 2008

Stores May See Disappointing Black Friday Sales


Retailers such as Kohl's and Toys "R" Us will be offering even bigger cuts and promotions for Black Friday as a frantic bid to pull in shoppers. They have recently pushed steep discounts throughout November wat are usually reserved for the weeks following Thanksgiving. Bargain hunters showing up for the early morning specials are not expected to buy with the same energy as the past few years. This is mainly due to tightening credit, massive layoffs, and shrinking retirement funds. Analysts say shoppers may stick to smaller gifts this season as this holiday is expected to be the weakest in decades.