How are preparing your store for Black Friday or Thanksgiving weekend?
This is the official beginning of holiday shopping. We need to play the game that our retail brothers and sisters play.
For me we have created 7 different groups of items and brands that I want to get rid of. Older and slow moving items that need to go are in groups that are now scheduled to go on sale at 50% off Thanksgiving and go through “Green Monday”, which is the Monday after Thanksgiving.
I did increase the price of a few items so 50% would not kill all the profits.
Is your store ready for Black Friday and Green Monday?
What are doing to get ready?