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Walmart to Stay Open to Avoid Black Friday Lines
By Chris Burritt
Nov. 10 (Bloomberg) -- Wal-Mart Stores Inc. will leave most
of its 833 U.S. discount stores open overnight on Thanksgiving
to avoid crowds gathering to get specials the following morning
after an employee was trampled to death a year ago.
Most of those stores will remain open after their regular
closing hour of 11 p.m., allowing customers to remain inside to
wait for the Black Friday special prices that start at 5
a.m., David Tovar, a company spokesman, said today in a
telephone interview.
Walmart, the worlds largest retailer, developed plans for
each of its stores to manage the flow of customers as they get
in, seek discounted merchandise, check out and leave on Black
Friday. The store in Valley Stream, New York, where Jdimytai
Damour, a temporary worker, was trampled on Nov. 28, 2008, is
among those staying open overnight, Tovar said.
We would anticipate not having these long lines outside
the stores, Tovar said from Bentonville, Arkansas, where
Walmart is based. The companys 2,705 supercenters, which sell
general merchandise and groceries, already operate 24 hours a
day.
The holiday shopping season traditionally starts on so-
called Black Friday, the day after Thanksgiving, which falls on
Nov. 26 this year. Jockeying for discounted merchandise may
intensify this year as rising unemployment makes consumers more
desperate for bargains and retailers deepen markdowns to spur
sales, National Retail Federation executives said yesterday on a
conference call.
Spreading Items
The NRF recommended merchants coordinate crowd control with
local police and assign employees to interact with shoppers, as
well as spread discounted items, which Walmart plans to do.
Such steps are intended to lessen the anxiety of those
lines of customers, Rhett Asher, the NRFs vice president of
loss prevention, said on the call. The times are tough for
everybody. Its no secret that customers are working harder for
those deals.
In May, Walmart agreed to a crowd-control plan for Black
Friday events at its New York stores to avoid prosecution in
Damours death. The agreement with Nassau County District
Attorney Kathleen Rice didnt include an admission of guilt or
wrongdoing by the retailer.
Walmart rose 31 cents to $52.31 at 4:01 p.m. in New York
Stock Exchange composite trading. The shares have slumped 6.7
percent this year.
By Chris Burritt
Nov. 10 (Bloomberg) -- Wal-Mart Stores Inc. will leave most
of its 833 U.S. discount stores open overnight on Thanksgiving
to avoid crowds gathering to get specials the following morning
after an employee was trampled to death a year ago.
Most of those stores will remain open after their regular
closing hour of 11 p.m., allowing customers to remain inside to
wait for the Black Friday special prices that start at 5
a.m., David Tovar, a company spokesman, said today in a
telephone interview.
Walmart, the worlds largest retailer, developed plans for
each of its stores to manage the flow of customers as they get
in, seek discounted merchandise, check out and leave on Black
Friday. The store in Valley Stream, New York, where Jdimytai
Damour, a temporary worker, was trampled on Nov. 28, 2008, is
among those staying open overnight, Tovar said.
We would anticipate not having these long lines outside
the stores, Tovar said from Bentonville, Arkansas, where
Walmart is based. The companys 2,705 supercenters, which sell
general merchandise and groceries, already operate 24 hours a
day.
The holiday shopping season traditionally starts on so-
called Black Friday, the day after Thanksgiving, which falls on
Nov. 26 this year. Jockeying for discounted merchandise may
intensify this year as rising unemployment makes consumers more
desperate for bargains and retailers deepen markdowns to spur
sales, National Retail Federation executives said yesterday on a
conference call.
Spreading Items
The NRF recommended merchants coordinate crowd control with
local police and assign employees to interact with shoppers, as
well as spread discounted items, which Walmart plans to do.
Such steps are intended to lessen the anxiety of those
lines of customers, Rhett Asher, the NRFs vice president of
loss prevention, said on the call. The times are tough for
everybody. Its no secret that customers are working harder for
those deals.
In May, Walmart agreed to a crowd-control plan for Black
Friday events at its New York stores to avoid prosecution in
Damours death. The agreement with Nassau County District
Attorney Kathleen Rice didnt include an admission of guilt or
wrongdoing by the retailer.
Walmart rose 31 cents to $52.31 at 4:01 p.m. in New York
Stock Exchange composite trading. The shares have slumped 6.7
percent this year.