Target Black Friday 2009 Ads:
Wal-Mart's much-awaited Black Friday deals will focus on a gamut of gadgets such as high-definition TVs, laptops and Blu-ray players, as well as holiday gift favorites such as toys and DVDs, according to a copy of the retailer's circular obtained by CNNMoney.com.While not confirming the entire circular, a Wal-Mart spokeswoman confirmed some of the deals, which will be available between 5 a.m. and 11 a.m. local time on Nov. 27, that appear in the leaked circular.
"There's a lot of excitement that builds up around electronics," said Wal-Mart's Tara Raddohl.
Items with confirmed prices for the day-after-Thanksgiving sale are a Sanyo 50-inch plasma 720p HDTV for $598, a Magnavox Blu-ray player for $78, a Tom Tom GPS for $59, select children's clothing for as low as $3, a $7 reversible fleece jacket for kids and adults, and the Barbie Power Wheels Ride-On, a toy Jeep, for $88.
Raddohl also said Wal-Mart will match the price of any local competitor's printed ad for an identical product
As more Americans tighten their gift lists -- and budgets -- retail experts expect Wal-Mart (WMT, Fortune 500) will become the destination of choice for many shoppers on the hunt for the lowest prices.
This holiday season, retail watchers expect sellers to duke it out with deep discounts on some models of HDTVs.
According to the circular, other early bird deals on Black Friday include a 32-inch Emerson LCD 720p HDTV for $248, and a 42-inch Emerson Plasma 720p HDTV ($448).
One of the juiciest Black Friday deals from Wal-Mart's rival Target (TGT, Fortune 500) reportedly is a 32-inch Westinghouse LCD HDTV for $246.
In the computer section, Wal-Mart's deals in the leaked circular include an eMachine laptop with a 15.6-inch LCD display, 2GB memory and 160GB hard drive for $198; a Hewlett-Packard laptop with a 15.6-inch display, 3GB memory and 250GB hard drive for $298; a Philips 4GB MP3/video player for $29; and an Xbox 360 console with three games for $199.
Other deals in electronics and appliances in Wal-Mart's Black Friday ad include an 8GB iPod Touch for $195 with a $50 iTunes gift card; $4 home appliances including a slow cooker and mini-mixer, $2 DVDs, and select toys priced between $5 and $9.
Wal-Mart (WMT, Fortune 500), the world's largest retailer, is not expected to officially unveil its Black Friday deals until Nov. 23.
Separately, Wal-Mart said Monday that it isn't waiting until Black Friday to further chop prices on gadgets and toys.
The retailer said it is cutting prices 40% to 50%, and less or some products the weekend before Black Friday. Some of the discounts include a 26-inch Vizio 720p LCD HDTV for $248, down from $347; EZ Bake Oven for $16, down from $28; and packages for the Guitar Hero, Band Hero and DJ Hero video games that include a $40 gift card.
credit: http://money.cnn.com
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