Here's How Wal-Mart Is Preparing For The Chaos Of Black Friday
Last year, two people were shot in a dispute over a parking spot at a Tallahassee, Fla., Wal-Mart. The year before, a mob fought over a $2 waffle maker and a woman allegedly pepper-sprayed a crowd so she could get an Xbox.
The retailer is trying to control the impending chaos this year by increasing its inventory, offering nearly all of its in-store Black Friday sales online and, like last year, staggering its doorbuster deals.
In terms of inventory, Wal-Mart stores have stocked up on 65% more televisions, twice as many tablets, and five times the bed sheets compared to last year, executives said Tuesday. The retailer has also tripled the number of items that customers can buy online and then pick up in stores.
For those who would rather avoid stores altogether, Wal-Mart will be offering free shipping on 99% of items ordered online.
"To the degree that you can reduce the chaos, that's valuable," Dan Toporek, vice president of corporate communications for Wal-Mart E-Commerce, said Tuesday.
Aside from the 21 products that are part of Wal-Mart's "one-hour guarantee" doorbuster deals, all other Black Friday deals will be available online, he said.
The "one-hour guarantee" deals, which start at 6 p.m. and 8 p.m. on Thanksgiving Day, will be available to customers who are waiting in designated lines at Wal-Mart stores at the start of each sales event.
Once inside, crowds around the hottest products can get insane. To manage the volume of people waiting for a single product, Wal-Mart this year is handing out wristbands to shoppers who are waiting in line. That way, they can continue shopping and return at a later time to retrieve the product they wanted.
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- 2 states where home prices are falling because there are too many houses and not enough buyers
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- Foreign tourist arrivals in India will cross pre-pandemic level in 2024
- Upcoming smartphones launching in India in May 2024
- Markets rebound in early trade amid global rally, buying in ICICI Bank and Reliance
- Women in Leadership
- Rupee declines 5 paise to 83.43 against US dollar in early trade
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market