SOURCE: The Bedford Report

The Bedford Report

November 24, 2010 08:46 ET

Black Friday Could Be a Dark Day for Discount Stores

The Bedford Report Provides Analyst Research on Wal-Mart & Target

NEW YORK, NY--(Marketwire - November 24, 2010) -  The unofficial start of the holiday shopping season is right around the corner with "Black Friday" taking place later this week. With unemployment rates remaining high and economic turbulence continuing, retailers have been hurting and desperately need a strong Christmas season to help boost profits. Additionally, key industry players elevated their inventories in preparation for the holidays and analysts argue that retailers must win sales early in the season to limit steep profit-eroding discounts later. The Bedford Report examines the outlook for companies in the Discount Variety Stores Industry and provides research reports on Wal-Mart Stores, Inc. (NYSE: WMT) and Target Stores, Inc. (NYSE: TGT). Access to the full company reports can be found at:

www.bedfordreport.com/2010-11-WMT

www.bedfordreport.com/2010-11-TGT

Another "holiday headwind" for traditional store retailers is the growing popularity of online retailers. eBay, Amazon and other online retailers offer extremely discounted deals on shipping which is taking consumers away from the stores and on to the Web. Forrester Research predicts that online retail sales in the U.S. will grow 16% in this holiday shopping season compared to last year. This is a frightening stat for traditional retail stores such as Wal-Mart and Target as the National Retail Federation believes overall retail shopping is likely to increase a mere 2.4% this year.

The Bedford Report releases regular market updates on the Discount Variety Stores Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us for free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

With Black Friday only a few days away, retailers are finally beginning to reveal some of their sales strategies. Typically, merchants try to keep their deals quiet until a day or two before Black Friday for competitive reasons. Wal-Mart announced on Monday that it would match competitor prices beginning on Thanksgiving Day and running through the weekend.

Yesterday Wal-Mart and Target released their Black Friday ads. Among the headlines deals is a 15.6″ HP Laptop for just $298. Meanwhile Target promises in its Black Friday Ad that its nationwide store will have Samsung 32″ 720p LCD HDTV for $327.99.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer

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