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Old 11-25-2009, 03:25 PM
 
Location: Orlando, Florida
43,858 posts, read 45,042,427 times
Reputation: 58644

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dirty-secrets-of-black-friday-doorbusters: Personal Finance News from Yahoo! Finance (http://finance.yahoo.com/family-home/article/108212/dirty-secrets-of-black-friday-doorbusters - broken link)

Quote:
Here's a Black Friday reality check: Of the hordes of pre-dawn shoppers who line up for hours outside stores on the day after Thanksgiving, most will not bag the best bargains that appear in merchants' circulars.
Interesting and informative article from CNN Money.com
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Old 11-29-2009, 02:59 PM
 
Location: Orlando, Florida
43,858 posts, read 45,042,427 times
Reputation: 58644
Sorry, I was going to post this on the thread about those getting ripped off on Black Friday sales as Sears/KMart. I was looking for this article and accidentally posted on here instead.

Sounds like you were a victim of this article I posted last week:
dirty-secrets-of-black-friday-doorbusters: Personal Finance News from Yahoo! Finance (http://finance.yahoo.com/family-home/article/108212/dirty-secrets-of-black-friday-doorbusters - broken link)

But I have to say that lots of people I worked with got SUPER DEALS all over town!! It is possible that some cities, such as Orlando, had more available merchandise since so many tourists shop here as well. I don't know.
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Old 11-29-2009, 04:43 PM
 
Location: Somewhere in Kentucky
3,790 posts, read 7,878,221 times
Reputation: 2419
A few quotes from the article:

"Retailers aren't winning any customers. They are just pissing off people," he said. "It's poor retailing practice."

Sears (SHLD, Fortune 500) has not officially revealed its Black Friday sales. However, the company confirmed to CNNMoney.com that two of its post-Thanksgiving deals include a Samsung 40-inch 1080p LCD HDTV for $599.99, "Only while quantities last, minimum three per store, no rainchecks."
The other is a Kenmore 3.5-cubic-foot high-efficiency washer and 5.8-cubic foot dryer pair for $579.98, "Limit four per store, no rainchecks."
"Sure, you probably have more, but how do you put out a circular to millions of households and only have three?," Dworsky asked.
When asked for a comment, Sears spokesman Tom Aiello said he was "not comfortable" addressing the issue of limited quantities for some Black Friday deals.

Online deals that never get shipped: Case in point: Sears. Last year, one of Sears' hottest Black Friday doorbuster deal was on a Kenmore washer-dryer pair for $600.
Even though the retailer advertised that deal to be in "limited quantities," the company decided to honor every customer order made on that deal last Black Friday.
Big mistake. The manufacturer could not ramp up production fast enough. Some customers waited months before their order was shipped. Others were sold a substitute model, that was "comparable or even better" for the same deal price, said Sears' Aiello.

This article proves alot...Sears is a mismanaged, poorly run company. They do absolutely nothing correctly. Like I said before, it is not about the $10 jeans I was wanting. It's about their BS and shady schemes. I don't need it or need them. I found jeans for $10/pair online with another retailer.
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