Why stop digging? Costco has a special on shovels!
Retail Desperation on Display in Early Hours - New York Times
Bleary-eyed shoppers descended on suburban malls and downtown shopping centers across the country this morning in an annual retail ritual that appeared to break records for consumer sleep deprivation.
Several major chains, like J.C. Penney and Kohl’s, opened at 4 a.m., an hour earlier than last year, dangling half-price discounts and coupons offering $10 off to lure customers out of bed.
Most discount chains, like Wal-Mart, Best Buy, Circuit City, Target, Toys R Us and Sears, opened at 5 a.m., with department stores such as Macy’s waiting until 6 a.m. and Saks Fifth Avenue holding off until 7 a.m.
The extreme hours highlight how desperate stores are to win over consumers this holiday season, which is expected to be the weakest in five years because of rising energy prices, falling home values and a tight credit market.
Last updated on Friday, November 23, 2007
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