Wal-Mart Starts Cyber Week on Black Friday

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By Douglas A. McIntyre Updated Published
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Wal-Mart Starts Cyber Week on Black Friday

© courtesy of Wal-Mart Stores Inc., photo By Spencer Tirey

Eventually, retailers will be so aggressive that holiday shopping will start the 4th of July. In the meantime, Wal-Mart (NYSE: WMT) will start Cyber Week sales on Black Friday, the traditional first shopping day of the season. Cyber Week generally starts after the Thanksgiving weekend.

The world’s largest retailer announced:

After nearly tripling its online product assortment this year from 8 million to more than 23 million items, Wal-Mart today announced it will offer its largest Cyber Week assortment to date and kick off the event the day after Thanksgiving. Thousands of Wal-Mart’s Cyber Week online specials, featuring surprising new brands and unbeatable prices, will be available starting Friday, Nov. 25.

Every day throughout the holiday season, Wal-Mart is giving customers more opportunities to save on the best gifts. Customers that want to shop early can do so starting with Black Friday deals on Walmart.com at 12:01 a.m. EST Thanksgiving morning, continuing when stores open at 6 p.m. local time Thanksgiving Day, and then throughout Cyber Week beginning Friday at 12:01 a.m. EST.

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The early deals cover a wide  array from jumbo TVs to toys to clothing.

As for another benefit:

Last year, approximately 90 percent of orders placed between Thanksgiving and Cyber Monday shipped for free, and this year Wal-Mart expects that to be even higher.

Free shipping has become so universal that no retailer can succeed without it. And, it has become more competitive as retailers improve from traditional two-day delivery to shorter periods to gain customers.

Large big box retailers and department stores have to decide if they want to change their online tactics to match Wal-Mart’s. The risk they run otherwise is that Wal-Mart will take a large portion of early online shoppers. Of course, there is also Amazon (NASDAQ: AMZN), which seems to have Black Friday type sales all year long.

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Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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