Walmart going to war with Best Buy, Target, and Amazon (And about everyone else)

[Guest TankerHC]

I was wondering why walking through Walmart today they had the big center aisle displays they normally put out on Black Friday (Which is what I was thinking, normally dont see these until Black Friday and after).

 

Read on Bloomberg that the writer was at a meeting of Walmart exec's and although they didnt mention Amazon, they did mention Target and Best Buy. 

 

Walmart is honoring (Price Matching) Best Buy, Toys R Us and Target Black Friday deals on Toys and Electronics starting yesterday (Friday). They are already selling at Black Friday prices (Like that 50 inch 1080p LG TV I saw for $448), XBox One and PS 4 games are $49, right now instead of Black Friday, Android Tablets are 77% off and a bunch of other things.

 

Bloomberg writer said the speaker told the Walmart execs they are rolling out this way because regardless of (I forget) they will not be outsold on Black Friday, so sales start yesterday. 

 

Bad news for an already teetering Best Buy. Especially considering that BB and Walmart carry some of the same brand TV's, which are some of the sales and you can get them now instead of fighting crowds next Friday. 

 

"Regarding the strategy, chief merchandising and marketing officer Duncan Mac Naughton says "Black Friday is our Super Bowl and we plan to win... Every opportunity to get a great deal... matters for our customers."

[Guest TankerHC]

 

Edited November 23, 2013 by TankerHC

[jcluff]

Fairly interesting, there. Unfortunately, I don't get paid till black Friday.


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[TripleDigitRide]

Found it. Edited November 23, 2013 by TripleDigitRide

[gomer pyle]

i went by my local wally world last night trying to get some info on tvs and ended up walking out with a 50 inch 1080p LG LED 120hz TV for $448. the guy behind the counter said they were going to have sales like this all the way thru black friday

[Raptormaster]

I buy very little from Walmart. I prefer Costco and Public. Both companies pay a decent wage provide benefits. When you go into Publix they trip over themselfs trying to help you. If you only want a couple of pork chops out of the 12 pack, no problem.etc etc.

[Dane]

Maybe by starting even earlier they won't kill anyone this year.


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[Guest TankerHC]

Best Buy came back yesterday, 55 inch Vizio Smart TV for $447 and available now. Then I see a 32 inch LG in Walmart for $198. (Hey wait long enough maybe they will start giving the stuff away)

[joustin]

Best Buy will price match Amazon, makes getting a good deal there much easier.