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The U.S. Day Ahead: Price wars set to kickoff Black Friday

Thursday, November 24, 2011 - 01:47

Nov. 23 - Thomson Reuters Retail Analyst Jharonne Martis says expect discounters excluding Wal-Mart to have bumper sales on so-called Black Friday.

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Here's your US stay ahead for a Friday that might fit that November the price worth on for Black Friday. Retailers are offering significant deals on holiday items like video games and closed in the hope of gaining key market share -- this is serious economic headwinds erode consumers' sentiment. Thomson Reuters street's giant is around artists says the sales picture will be next. The discount sector is expected to be the strongest -- the holiday season at two point 9%. Poverty -- Wal-Mart this sector is expected to increase to 6%. Which means that all this downers like the dollar stores and -- are expected to do significantly wealth for the holiday seasons with the exception of well. And it. Just discount rate that's set to attract customers stores will also open earlier. The world's largest retailer Wal-Mart setting up shop at 10 PM on Thanksgiving. -- midnight last year. -- -- arch rival target of that at midnight as opposed to 5 AM last year. But the move met with controversy. And hard workers are complaining earlier times -- interfere. With their family gatherings. In contrast heavy traffic at this stores trading on Wall Street is expected to be very nice. This stock market will close at 1 PM but not market add to India. Economic and finance ministers from south American countries are meeting in Argentina's capital of -- our eyes. The officials which we'll also include Central Bank governors and presidents. We'll discuss plans to shield the region from the worsening global economic climate. This is concerns mounts over the eurozone debt crisis. I'm Rhonda schaffler is this writer's side there.

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The U.S. Day Ahead: Price wars set to kickoff Black Friday

Thursday, November 24, 2011 - 01:47