Published: Sun, November 11, 2018
Finance | By Cynthia Curry

Best Buy releases its Black Friday deals on high-tech gadgets

Best Buy releases its Black Friday deals on high-tech gadgets

As for Target, it will begin rolling out its in-store Black Friday deals at 6PM and its online sales tips off at 12:01AM on Thanksgiving Day. Best of all, you don't have to go through the hassle of shopping in person. The giant retailer disclosed that it has scheduled its events related to the Thanksgiving Day on November 22 (4-6 p.m), offering free coffee and cookies.

Speaking with reporters yesterday, Walmart US Chief Merchandising Officer Steve Bratspies said the company is planning to offer "hundreds of the most wanted items"-including TVs, iPhones, toys, and cookware sets-"at the best prices". For consumers who prefer in-store shopping, stores will be open at 5 p.m. on Thanksgiving until 1 a.m. on Friday, Nov. 23. J.C. Penney JCP is getting an even earlier start and opening at 2 p.m.

While 45 percent plan to visit stores on Black Friday, robust spending is expected to continue throughout the holiday season, with 28 percent spending on that Saturday or Sunday and 26 percent shopping on Cyber Monday.

Still, the battle for shoppers' dollars online continues between Walmart and its biggest rival, Amazon AMZN.

The holidays are just around the corner.

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Deep discounts and free shipping are some of the goodies these retailers are offering to lure customers. Target on November 1 removed its threshold and now is offering free, two-day shipping on all digital purchases through December 22. The discounts on items sold on Walmart.com will mostly mirror those at stores. "They also include a Lenovo IdeaPad 330s 15.6" Laptop with Windows 10 and an Intel processor, for $349. That represents a 25 percent increase from a year ago.

As one of the biggest electronics retailers, Best Buy aims to satisfy the new and avid shoppers alike.

Walmart is launching its in-store Black Friday sales at 6 p.m. local time on Thanksgiving this year. "Online convenience is a way of life for most people, but what a person buys is still influenced by what happens in the store".

The Walmart's Black Friday 2018 ad hit the web on Thursday, November 8th.

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