The New Black Friday Strategy Backfired On America's Retailers
"Early store openings for Black Friday only shifted the holiday consumption pool, which was the opposite of the intended effect," he wrote.
"Retailers wanted early buying to lead to splurge buys towards the end of the season (emphasis mine). The thought they hoped to trigger: 'man, did I REALLY get everyone enough?'”
Do the people who run these large stores actually read the business section of the paper?
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