Leave it to Wal-Mart to try to make the best of a bad situation. The world’s biggest retailer just announced that they have a plan to drive holiday sales. Their plan? The early bird gets the shoppers.
According to this week’s Advertising Age, Wal-Mart plans to start advertising holiday sale items now. Normally retailers wait until after Halloween to set up Christmas displays and mark items for holiday promotion. However, Wal-Mart has already begun to stage their stores with Christmas items- the displays should be up and ready as early as tomorrow.
Wal-Mart is also sticking to its low price policy by offering 10 popular toys for $10 each this holiday season. The retailer is hoping that the cheaper items will pull in consumers who will splurge on impulse buys once in the store. I don’t know about you, but that strategy always seems to work for me in the grocery store- or is it that I shop when I’m hungry?


1 response so far ↓
1 When the Times Get Tough, the Tough Get… Christmas Presents on Lay-Away? // Oct 15, 2008 at 11:14 am
[…] October 2007 ← Big Box: Wal-Mart’s Strategy to Capture Consumers’ Thin Wallets […]
Leave a Comment