10 things stores won’t say about Black Friday

Posted by Forexsq 710 days ago (http://www.marketwatch.com)
img According to a survey conducted by management consulting firm Accenture, 53% of consumers say they plan to shop on Black Friday, up from 44% last year. That would reverse three years of declining consumer interest in the day, based on the company’s previous surveys.

The spike comes as retailers have been ramping up their Black Friday marketing efforts and rolling out new strategies to lure consumers, says Jeff Green, an independent retail analyst in Phoenix. To lure consumers, retailers have been rolling out new strategies: Some stores are using social media to give shoppers sneak previews of the deals they’ll offer on Nov. 23. Macy’s, for example, has been posting announcements on Facebook all month about its Black Friday deals: half-carat diamond earrings for less than $200, for example, and 40% off coffeemakers and espresso machines. And to make shopping in the store easier, the retailer just enhanced its smartphone app, enabling customers to find Black Friday deals at specific store locations — down to the department and floor.

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