Black Friday Getting Longer

Stores open earlier to boost profits, attract headlines
By John Lister,  Newser User
Posted Nov 22, 2007 8:08 PM CST
Black Friday Getting Longer
Book buyers start their holiday shopping at the Union Square Barnes & Noble on Tuesday, Nov. 20, 2007 in New York. The nation's retailers are bracing for an influx of shoppers on Black Friday. Barnes and Noble.com, which increased sales 14.5 percent over a year ago, is offering up to 40 percent discounts...   (Associated Press)

(Newser) – Stores will open earlier than ever on Black Friday, with midnight openings becoming more common, the AP reports. Wal-Mart, in fact, began its sales today. "You sell two sweaters and you've broken even,” said one analyst. But Gap chief Glenn Murphy will be out with the hordes, then crunching numbers. “There is a point from an industry perspective where you get diminishing returns.”

Even if the numbers are lackluster, stores get invaluable publicity, the AP notes. The Gap is one of many retailers that will open at midnight. Target, meanwhile, opens at 6, Circuit City and Best Buy at 5, and JC Penneys at 4. Economists will be keeping an eye on sales to gauge consumer confidence.   (Read more chain stores stories.)

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