‘Screaming Hot’ TVs Abound as Walmart, Kohl’s Push for Shoppers

Wal-Mart Stores Inc., Kohl’s Corp. and Toys ‘R’ Us Inc. are competing for customers with discounts and extended Black Friday hours as cost-conscious shoppers say they plan to spend less on gifts than they did last year.

Kohl’s, the fourth-largest U.S. department-store chain, will open at 4 a.m. on Nov. 27 and offer more than 300 early- bird specials, including $34.99 cashmere sweaters. Toys ‘R’ Us is offering almost 50 percent more of such deals than last year. Walmart is staying open all of tonight so shoppers can grab $3 pajamas and $15 Miley Cyrus jeans when they go on sale at 5 a.m.

Chains are also contending for home-electronics shoppers. Walmart’s Web site is offering home delivery of flat-panel televisions and other electronics for 97 cents. Best Buy Co., the world’s largest electronics chain, is discounting flat-panel TVs, cameras and laptops.

Read Full Article from Bloomberg

- Posted: 2009-11-26 10:27:09

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