George Soros' investment firm acquired nearly 544,000 shares, even as it sold stock of other retailers.
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An investment fund controlled by billionaire George Soros has significantly boosted its stake in Minneapolis-based Target Corp.
Soros Fund Management in New York, whose portfolio is worth more than $7 billion, purchased 543,900 shares of Target stock in the second quarter, according to documents filed with the Securities and Exchange Commission. Overall, Soros owns 552,600 shares, or 0.08 percent of the retailer, which the investment firm valued at $25.9 million, the filing says. (State Street Corp., Target's largest investor, owns 63.5 million shares, or 9.4 percent of the company.)
In an e-mail, Soros spokesperson Michael Vachon declined to comment.
Known for his outspoken politics, Soros has established himself as a savvy investor, especially with currencies. In one of his most famous exploits, Soros in 1992 shorted $10 billion worth of the British pound, betting correctly that Great Britain would allow the currency to devalue in relation to other currencies such as the German mark.
"When Soros takes a stake, it certainly draws attention" like Warren Buffett, said Glenn Johnson, a portfolio manager with Mairs & Power in St. Paul, which owns 2.7 million shares of Target stock. "But what are Soros' real intentions? Who knows?"
Unlike activist investor William Ackman, who recently abandoned his effort to force Target to sell and lease back the land beneath its stores, Soros is a longer-term investor whose holdings include AT&T, Boeing and Kraft Foods.
Soros is betting on Target stock, even though the fund is generally bearish on retail. In the second quarter, the fund bought additional shares in Ralph Lauren (494,244) and Lowe's (298,000) but also reduced its retail holdings, including Macy's (-121,700), JCPenney (-12,300), and Amazon.com (-280,655).
Target's second-quarter profit rose 3.7 percent to $704 million, or $1.03 a share, beating Wall Street estimates by 6 cents a share. Earlier this month, Target said sales at stores open for at least a year rose a solid 3.7 percent, thanks to sales of food, housewares and health and beauty. Target executives have said back-to-school sales were off to a good start.
Target stock has languished this year, dropping about 16 percent. Johnson, however, says Target's stock decline has more do to with broader worries about the economy.
"We certainly like the direction the company is going," said Johnson of Mairs & Power, which purchased an additional 91,382 Target shares in the second quarter. "We have a high degree of confidence in their longer-term outlook and we saw this as an opportunity to buy more shares at an attractive price."
The stock traded at an average price of $48.97 in the second quarter. Shares closed Tuesday at $50.96, which suggests Soros has already made a positive return on his investment.
George Soros' investment firm acquired nearly 544,000 shares, even as it sold stock of other retailers.
hide
An investment fund controlled by billionaire George Soros has significantly boosted its stake in Minneapolis-based Target Corp.
Soros Fund Management in New York, whose portfolio is worth more than $7 billion, purchased 543,900 shares of Target stock in the second quarter, according to documents filed with the Securities and Exchange Commission. Overall, Soros owns 552,600 shares, or 0.08 percent of the retailer, which the investment firm valued at $25.9 million, the filing says. (State Street Corp., Target's largest investor, owns 63.5 million shares, or 9.4 percent of the company.)
In an e-mail, Soros spokesperson Michael Vachon declined to comment.
Known for his outspoken politics, Soros has established himself as a savvy investor, especially with currencies. In one of his most famous exploits, Soros in 1992 shorted $10 billion worth of the British pound, betting correctly that Great Britain would allow the currency to devalue in relation to other currencies such as the German mark.
"When Soros takes a stake, it certainly draws attention" like Warren Buffett, said Glenn Johnson, a portfolio manager with Mairs & Power in St. Paul, which owns 2.7 million shares of Target stock. "But what are Soros' real intentions? Who knows?"
Unlike activist investor William Ackman, who recently abandoned his effort to force Target to sell and lease back the land beneath its stores, Soros is a longer-term investor whose holdings include AT&T, Boeing and Kraft Foods.
Soros is betting on Target stock, even though the fund is generally bearish on retail. In the second quarter, the fund bought additional shares in Ralph Lauren (494,244) and Lowe's (298,000) but also reduced its retail holdings, including Macy's (-121,700), JCPenney (-12,300), and Amazon.com (-280,655).
Target's second-quarter profit rose 3.7 percent to $704 million, or $1.03 a share, beating Wall Street estimates by 6 cents a share. Earlier this month, Target said sales at stores open for at least a year rose a solid 3.7 percent, thanks to sales of food, housewares and health and beauty. Target executives have said back-to-school sales were off to a good start.
Target stock has languished this year, dropping about 16 percent. Johnson, however, says Target's stock decline has more do to with broader worries about the economy.
"We certainly like the direction the company is going," said Johnson of Mairs & Power, which purchased an additional 91,382 Target shares in the second quarter. "We have a high degree of confidence in their longer-term outlook and we saw this as an opportunity to buy more shares at an attractive price."
The stock traded at an average price of $48.97 in the second quarter. Shares closed Tuesday at $50.96, which suggests Soros has already made a positive return on his investment.
Consumers are all over the bargains that become available around Thanksgiving. Black Friday was once the primary day for deals but Cyber Monday has now taken over as the
biggest shopping day of the year. How did this new shopping day come about? It is actually quite simple, as the luxury of the Internet has created a new trend in shopping. Cyber Monday or the Monday right after Thanksgiving, features noteworthy sales and free shipping, making it the new preferred choice for consumers.
Several items are marked down on Cyber Monday but there are definitely more popular items that grab a customer’s attention. For example, laptop computers, digital cameras and television sets are the main items that consumers look to purchase on Cyber Monday. Specifically, there are a number of Cyber Monday TV deals that make customers’ jaws drop. To put the sales into perspective, some retailers will offer televisions for as much as 50% off of the original price. With free shipping, these deals offer huge incentive for consumers to shop on this day.
It is believed that in the very near future, Black Friday will lose its luster. With more consumers utilizing the Internet to make their purchases, Cyber Monday will soon take over sole position as the biggest shopping day of the year. Retailers are noticing that sales volume is decreasing on Black Friday primarily since Cyber Monday has grown so popular. When more consumers become familiar with technology and the convenience of shopping online, Black Friday will be eliminated altogether. Today, some of the deals offered on Cyber Monday are not even offered on Black Friday. Marketers are looking to make the two shopping days mutually exclusive of each other in hopes of having the customers take advantage of both days. It should be noted that retailers don’t have a high profit margin on Black Friday and Cyber Monday. The idea is for consumers to come into the store and purchase not only the featured items but additional items as well. Ultimately, increased consumer activity will lead to a higher sales volume. Studies also indicate that if consumers go shopping at a particular store they are more likely to return at a future date.
What types of discounts are offered on Cyber Monday? As stated above, some of the most notable deals are the Cyber Monday TV deals. Last year, the VIZIO SV470M 47-inch 1080p LCD television was on sale for $599. This deal was considered remarkable at the time. Some of the major retailers that offer Cyber Monday TV deals include WalMart, BestBuy, Target and Sears. It is important to perform the necessary price comparisons to determine the best deal at the time. Keep in mind that for high-ticket items, it is very possible that items run out of stock quickly. Consider the time it takes to process a transaction over the Internet compared to the time it takes in the store. The speed of the Internet allows for transactions to be processed at a much faster pace. In addition, some of the items are shipped directly from the warehouse, thus eliminating the need for the wholesaler to ship to the retailer. All of these factors allow retailers to pass cost savings on to the end consumer. However, certain items may be on sale for a limited time, sometimes just a few hours. Therefore, consumers still need to be active in checking the deals ahead of time to ensure that they are able to purchase the desired product.
Several items are marked down on Cyber Monday but there are definitely more popular items that grab a customer’s attention. For example, laptop computers, digital cameras and television sets are the main items that consumers look to purchase on Cyber Monday. Specifically, there are a number of Cyber Monday TV deals that make customers’ jaws drop. To put the sales into perspective, some retailers will offer televisions for as much as 50% off of the original price. With free shipping, these deals offer huge incentive for consumers to shop on this day.
It is believed that in the very near future, Black Friday will lose its luster. With more consumers utilizing the Internet to make their purchases, Cyber Monday will soon take over sole position as the biggest shopping day of the year. Retailers are noticing that sales volume is decreasing on Black Friday primarily since Cyber Monday has grown so popular. When more consumers become familiar with technology and the convenience of shopping online, Black Friday will be eliminated altogether. Today, some of the deals offered on Cyber Monday are not even offered on Black Friday. Marketers are looking to make the two shopping days mutually exclusive of each other in hopes of having the customers take advantage of both days. It should be noted that retailers don’t have a high profit margin on Black Friday and Cyber Monday. The idea is for consumers to come into the store and purchase not only the featured items but additional items as well. Ultimately, increased consumer activity will lead to a higher sales volume. Studies also indicate that if consumers go shopping at a particular store they are more likely to return at a future date.
What types of discounts are offered on Cyber Monday? As stated above, some of the most notable deals are the Cyber Monday TV deals. Last year, the VIZIO SV470M 47-inch 1080p LCD television was on sale for $599. This deal was considered remarkable at the time. Some of the major retailers that offer Cyber Monday TV deals include WalMart, BestBuy, Target and Sears. It is important to perform the necessary price comparisons to determine the best deal at the time. Keep in mind that for high-ticket items, it is very possible that items run out of stock quickly. Consider the time it takes to process a transaction over the Internet compared to the time it takes in the store. The speed of the Internet allows for transactions to be processed at a much faster pace. In addition, some of the items are shipped directly from the warehouse, thus eliminating the need for the wholesaler to ship to the retailer. All of these factors allow retailers to pass cost savings on to the end consumer. However, certain items may be on sale for a limited time, sometimes just a few hours. Therefore, consumers still need to be active in checking the deals ahead of time to ensure that they are able to purchase the desired product.
What is the best way to take advantage of Cyber Monday sales? The easiest way to stay informed is to sign up for a retailer’s mailing list. The retailer will then send updates on hot sales as they become available. When Thanksgiving rolls around, consumers should check their mailboxes frequently to see if they have received the Cyber Monday sales flyer. This flyer will list all of the featured sales, with the biggest cost savings listed on the front of the page. Usually, the Cyber Monday TV deals are on the cover of the flyer. Consumers should not hesitate to sign up for all mailing lists, as it will allow them to perform price comparisons.
To some, Cyber Monday is not a big deal. To others, it offers tremendous savings at increased convenience since it is not necessary to go to the store, deal with lines and risk the possibility of a specific store being sold out. Items sold online are shipped directly from the warehouse, meaning that there is a stronger possibility that they will be in stock. Evidently, Cyber Monday offers clear advantages over Black Friday. It is only a matter of time before consumers stop shopping on Black Friday and make it a point to get on the Internet on the Monday after Thanksgiving.
Consumers are all over the bargains that become available around Thanksgiving. Black Friday was once the primary day for deals but Cyber Monday has now taken over as the
biggest shopping day of the year. How did this new shopping day come about? It is actually quite simple, as the luxury of the Internet has created a new trend in shopping. Cyber Monday or the Monday right after Thanksgiving, features noteworthy sales and free shipping, making it the new preferred choice for consumers.
Several items are marked down on Cyber Monday but there are definitely more popular items that grab a customer’s attention. For example, laptop computers, digital cameras and television sets are the main items that consumers look to purchase on Cyber Monday. Specifically, there are a number of Cyber Monday TV deals that make customers’ jaws drop. To put the sales into perspective, some retailers will offer televisions for as much as 50% off of the original price. With free shipping, these deals offer huge incentive for consumers to shop on this day.
It is believed that in the very near future, Black Friday will lose its luster. With more consumers utilizing the Internet to make their purchases, Cyber Monday will soon take over sole position as the biggest shopping day of the year. Retailers are noticing that sales volume is decreasing on Black Friday primarily since Cyber Monday has grown so popular. When more consumers become familiar with technology and the convenience of shopping online, Black Friday will be eliminated altogether. Today, some of the deals offered on Cyber Monday are not even offered on Black Friday. Marketers are looking to make the two shopping days mutually exclusive of each other in hopes of having the customers take advantage of both days. It should be noted that retailers don’t have a high profit margin on Black Friday and Cyber Monday. The idea is for consumers to come into the store and purchase not only the featured items but additional items as well. Ultimately, increased consumer activity will lead to a higher sales volume. Studies also indicate that if consumers go shopping at a particular store they are more likely to return at a future date.
What types of discounts are offered on Cyber Monday? As stated above, some of the most notable deals are the Cyber Monday TV deals. Last year, the VIZIO SV470M 47-inch 1080p LCD television was on sale for $599. This deal was considered remarkable at the time. Some of the major retailers that offer Cyber Monday TV deals include WalMart, BestBuy, Target and Sears. It is important to perform the necessary price comparisons to determine the best deal at the time. Keep in mind that for high-ticket items, it is very possible that items run out of stock quickly. Consider the time it takes to process a transaction over the Internet compared to the time it takes in the store. The speed of the Internet allows for transactions to be processed at a much faster pace. In addition, some of the items are shipped directly from the warehouse, thus eliminating the need for the wholesaler to ship to the retailer. All of these factors allow retailers to pass cost savings on to the end consumer. However, certain items may be on sale for a limited time, sometimes just a few hours. Therefore, consumers still need to be active in checking the deals ahead of time to ensure that they are able to purchase the desired product.
Several items are marked down on Cyber Monday but there are definitely more popular items that grab a customer’s attention. For example, laptop computers, digital cameras and television sets are the main items that consumers look to purchase on Cyber Monday. Specifically, there are a number of Cyber Monday TV deals that make customers’ jaws drop. To put the sales into perspective, some retailers will offer televisions for as much as 50% off of the original price. With free shipping, these deals offer huge incentive for consumers to shop on this day.
It is believed that in the very near future, Black Friday will lose its luster. With more consumers utilizing the Internet to make their purchases, Cyber Monday will soon take over sole position as the biggest shopping day of the year. Retailers are noticing that sales volume is decreasing on Black Friday primarily since Cyber Monday has grown so popular. When more consumers become familiar with technology and the convenience of shopping online, Black Friday will be eliminated altogether. Today, some of the deals offered on Cyber Monday are not even offered on Black Friday. Marketers are looking to make the two shopping days mutually exclusive of each other in hopes of having the customers take advantage of both days. It should be noted that retailers don’t have a high profit margin on Black Friday and Cyber Monday. The idea is for consumers to come into the store and purchase not only the featured items but additional items as well. Ultimately, increased consumer activity will lead to a higher sales volume. Studies also indicate that if consumers go shopping at a particular store they are more likely to return at a future date.
What types of discounts are offered on Cyber Monday? As stated above, some of the most notable deals are the Cyber Monday TV deals. Last year, the VIZIO SV470M 47-inch 1080p LCD television was on sale for $599. This deal was considered remarkable at the time. Some of the major retailers that offer Cyber Monday TV deals include WalMart, BestBuy, Target and Sears. It is important to perform the necessary price comparisons to determine the best deal at the time. Keep in mind that for high-ticket items, it is very possible that items run out of stock quickly. Consider the time it takes to process a transaction over the Internet compared to the time it takes in the store. The speed of the Internet allows for transactions to be processed at a much faster pace. In addition, some of the items are shipped directly from the warehouse, thus eliminating the need for the wholesaler to ship to the retailer. All of these factors allow retailers to pass cost savings on to the end consumer. However, certain items may be on sale for a limited time, sometimes just a few hours. Therefore, consumers still need to be active in checking the deals ahead of time to ensure that they are able to purchase the desired product.
What is the best way to take advantage of Cyber Monday sales? The easiest way to stay informed is to sign up for a retailer’s mailing list. The retailer will then send updates on hot sales as they become available. When Thanksgiving rolls around, consumers should check their mailboxes frequently to see if they have received the Cyber Monday sales flyer. This flyer will list all of the featured sales, with the biggest cost savings listed on the front of the page. Usually, the Cyber Monday TV deals are on the cover of the flyer. Consumers should not hesitate to sign up for all mailing lists, as it will allow them to perform price comparisons.
To some, Cyber Monday is not a big deal. To others, it offers tremendous savings at increased convenience since it is not necessary to go to the store, deal with lines and risk the possibility of a specific store being sold out. Items sold online are shipped directly from the warehouse, meaning that there is a stronger possibility that they will be in stock. Evidently, Cyber Monday offers clear advantages over Black Friday. It is only a matter of time before consumers stop shopping on Black Friday and make it a point to get on the Internet on the Monday after Thanksgiving.
While Black Friday may have once been the popular day to look for bargains, Cyber Monday certainly offers some of the best online prices. The Monday after Black Friday, Cyber Monday has grown to gain global fame. Several online retailers, such as Amazon and BestBuy.com, offer online deals that cannot be found in stores. Consumers take advantage of these Cyber Monday deals by shopping online instead of actually venturing to the store. This convenience prevents the need to wait in line and deal with undesirable crowds. What’s more, most of the online retailers offer free shipping on this day. As a result, the trend is growing towards more shoppers seeking online deals rather than in-store prices.
Magazines and critics have labeled Cyber Monday as “the biggest shopping day of the year.” Websites are dedicated to providing consumers with all of the information necessary for them to take advantage of the Cyber Monday deals. Analysts have even stated that in terms of sales, Cyber Monday is usually the highest spending day of the year.
Cyber Monday originated in 2005 when Shop.org came up with the term. Marketers immediately hopped on the bandwagon and began advertising deals that would become available on the Monday after Thanksgiving. Many were shocked at the response, as Black Friday crowds were nowhere near their normal levels. Consumers then looked to take advantage of websites that published the Cyber Monday deals ahead of time. For instance, CyberMonday.com was set up so that consumers had a quick reference to any deals that were of relevant interest.
For the most part, the Cyber Monday deals are most notable on the large-ticket items. For example, televisions, laptops and digital cameras are just a few of the items that are marked down substantially. Clothing is also priced remarkably lower than normal. Some of the most popular retailers offering significant Cyber Monday deals include Old Navy, Kohl’s, Target, Amazon.com, Walmart, BestBuy, Apple and Sears. Nowadays, all of these retailers release dedicated advertisements beforehand so that consumers are fully aware of the discounts that are available. In addition, consumers can subscribe to e-mail lists and receive notifications immediately after new deal announcements are released to the general public.
How have the Cyber Monday deals shaped consumer demand? As stated earlier, sales volume has decreased substantially on Black Friday, as consumers would rather not wait in lines and deal with the hassle of getting up early. Analysts believe that one of the main attractions of the Cyber Monday deals is the fact that most items are offered with free shipping. This discount gives huge incentive for consumers to purchase items online rather than in the store since no additional costs will be incurred. At the same time, consumers have to be quick to act on the deals, as stores can sell out of items rather quickly. To put this notion into perspective, one must consider that the transaction processing under an online order is much quicker when compared to a transaction at the actual register. The decreased time means that more items can be purchased at a faster rate, thus causing items to sell out much more quickly. While the Cyber Monday deals usually do not require that one be up at the crack of dawn, consumers do need to be swift when hoping to guarantee a particular item.
Another notable impact Cyber Monday has had on the consumer market is that the Black Friday deals are now extended through the weekend. The original idea of Black Friday was to lure as many consumers as possible into the stores at a particular time. Basically, early bird discounts allowed those who put in the effort to get the best price. However, since Black Friday deals are no longer as competitive as they used to be, deals are now extended throughout the whole weekend. In some cases, the same deals may be advertised on Cyber Monday if stores do not run out of stock. Ultimately, the existence of Cyber Monday really allows retailers to leverage their marketing tactics.
One must keep in mind that today’s consumer market still has shoppers that are not comfortable with the Internet. For the most part, these are the consumers that will continue to take advantage of Black Friday and neglect Cyber Monday. Some economists do believe, however, that Black Friday may eventually no longer exist once the consumer market has fully transitioned to online purchasing. Until that time comes, consumers will benefit from the deals offered on both days. Retailers have and will continue, to continuously perform the necessary analysis to determine the optimal levels of inventory that must be kept on hand to meet consumer demand. With the increasing popularity of the Internet, it comes as no surprise that Cyber Monday is one of the biggest shopping days of the year.
While Black Friday may have once been the popular day to look for bargains, Cyber Monday certainly offers some of the best online prices. The Monday after Black Friday, Cyber Monday has grown to gain global fame. Several online retailers, such as Amazon and BestBuy.com, offer online deals that cannot be found in stores. Consumers take advantage of these Cyber Monday deals by shopping online instead of actually venturing to the store. This convenience prevents the need to wait in line and deal with undesirable crowds. What’s more, most of the online retailers offer free shipping on this day. As a result, the trend is growing towards more shoppers seeking online deals rather than in-store prices.
Magazines and critics have labeled Cyber Monday as “the biggest shopping day of the year.” Websites are dedicated to providing consumers with all of the information necessary for them to take advantage of the Cyber Monday deals. Analysts have even stated that in terms of sales, Cyber Monday is usually the highest spending day of the year.
Cyber Monday originated in 2005 when Shop.org came up with the term. Marketers immediately hopped on the bandwagon and began advertising deals that would become available on the Monday after Thanksgiving. Many were shocked at the response, as Black Friday crowds were nowhere near their normal levels. Consumers then looked to take advantage of websites that published the Cyber Monday deals ahead of time. For instance, CyberMonday.com was set up so that consumers had a quick reference to any deals that were of relevant interest.
For the most part, the Cyber Monday deals are most notable on the large-ticket items. For example, televisions, laptops and digital cameras are just a few of the items that are marked down substantially. Clothing is also priced remarkably lower than normal. Some of the most popular retailers offering significant Cyber Monday deals include Old Navy, Kohl’s, Target, Amazon.com, Walmart, BestBuy, Apple and Sears. Nowadays, all of these retailers release dedicated advertisements beforehand so that consumers are fully aware of the discounts that are available. In addition, consumers can subscribe to e-mail lists and receive notifications immediately after new deal announcements are released to the general public.
How have the Cyber Monday deals shaped consumer demand? As stated earlier, sales volume has decreased substantially on Black Friday, as consumers would rather not wait in lines and deal with the hassle of getting up early. Analysts believe that one of the main attractions of the Cyber Monday deals is the fact that most items are offered with free shipping. This discount gives huge incentive for consumers to purchase items online rather than in the store since no additional costs will be incurred. At the same time, consumers have to be quick to act on the deals, as stores can sell out of items rather quickly. To put this notion into perspective, one must consider that the transaction processing under an online order is much quicker when compared to a transaction at the actual register. The decreased time means that more items can be purchased at a faster rate, thus causing items to sell out much more quickly. While the Cyber Monday deals usually do not require that one be up at the crack of dawn, consumers do need to be swift when hoping to guarantee a particular item.
Another notable impact Cyber Monday has had on the consumer market is that the Black Friday deals are now extended through the weekend. The original idea of Black Friday was to lure as many consumers as possible into the stores at a particular time. Basically, early bird discounts allowed those who put in the effort to get the best price. However, since Black Friday deals are no longer as competitive as they used to be, deals are now extended throughout the whole weekend. In some cases, the same deals may be advertised on Cyber Monday if stores do not run out of stock. Ultimately, the existence of Cyber Monday really allows retailers to leverage their marketing tactics.
One must keep in mind that today’s consumer market still has shoppers that are not comfortable with the Internet. For the most part, these are the consumers that will continue to take advantage of Black Friday and neglect Cyber Monday. Some economists do believe, however, that Black Friday may eventually no longer exist once the consumer market has fully transitioned to online purchasing. Until that time comes, consumers will benefit from the deals offered on both days. Retailers have and will continue, to continuously perform the necessary analysis to determine the optimal levels of inventory that must be kept on hand to meet consumer demand. With the increasing popularity of the Internet, it comes as no surprise that Cyber Monday is one of the biggest shopping days of the year.
Black Friday was always considered the biggest shopping day of the year. This understanding is no longer true. Cyber Monday or the Monday after Thanksgiving, is now regarded as the biggest shopping day of the year since sales on that day are higher than any other day.
What exactly is so enticing about Cyber Monday? While items are marked down significantly, retailers also offer free shipping. In other words, consumers have no incentive to head to the stores, as they can get the same deals online at no additional cost. You can check out the external hard drive deals atMyExternalHardDrive.com guide. Some of the popular items that are on sale
How can one become familiar with the upcoming Cyber Monday laptop deals? It is actually quite simple, as retailers today do whatever necessary to ensure that consumers are fully aware of the bargains that will be available. Most retailers have separate online flyers that can be obtained by signing up for an e-mail list. These flyers are sent out a few days before Cyber Monday, allowing consumers enough time to compare prices. The best sales are on the front page and most of the time the Cyber Monday laptop deals are emphasized on the front cover. These deals are only available for a limited time and in some cases one can only acquire specific items during a short time window. For instance, some online deals are only available from 6:00 a.m. to 12:00 p.m., similar to Black Friday. As a result, it is recommended that consumers looking to secure a specific item have access to a computer right when the deal is about to go live.
What type of Cyber Monday laptop deals can one expect? In 2010, there were definitely some notable sales. For instance, the HP G26x was offered for $479.99. This unit came equipped with 4 GB of RAM and a 500 GB hard drive. It should be noted that this model was only offered at this price after one completed certain rebates. Some of these rebates were instantly recognized at the register, while others were mail-in rebates. Consumers should always be aware of the fine print on advertisements so that they are not surprised when the transaction takes place at the register. Another Cyber Monday laptop deal form 2010 was a 13-inch MacBook for $849.99. When determining the value of these deals, one should research and find the price of the specific item at that given time period. If previous Cyber Monday laptop deals are compared to today’s prices, they might not seem as much of a bargain.
Why do retailers offer such ridiculous prices on certain days of the year? It is actually a marketing tactic aimed at increasing sales volume. With Black Friday, consumers head into the store and stumble upon deals that they cannot pass up. The same logic applies to Cyber Monday. While browsing online, consumers may find sales that they didn’t spot on the advertisement. In addition to a specific item they may be targeting, consumers may grow inclined to purchase other items as well. Retailers actually do not generate much profit on days like Cyber Monday and Black Friday. However, research has indicated that shoppers who enter the stores (or websites) on these days are more likely to make another purchase in the future.
What type of Cyber Monday laptop deals will be available this year? The only way to find out is to keep an eye open for the flyers that retailers will release ahead of time. It is usually best to subscribe to an e-mail list to receive the most up-to-date news of a particular retailer. Most websites have a text box on the front page by which one can enter his/her e-mail to become active on the mailing list. Consumers should also adjust their spam settings in case e-mails from a particular retailer are not reaching their inbox.
With Cyber Monday now the biggest shopping day of the year, many analysts believe that Black Friday will soon become inexistent. Eventually, the trend will be towards shopping online, as it can save considerable time. However, consumers should continue to take advantage of both shopping days since the sales are usually significant. Specifically, the Cyber Monday laptop deals offer huge incentive to purchase the advertised models. As mentioned before, timeliness is critical, as most of the deals are not available during all hours of the day. Even though Cyber Monday deals are available online, stores can still run out of stock and items can be available only for a certain period of time.
Black Friday was always considered the biggest shopping day of the year. This understanding is no longer true. Cyber Monday or the Monday after Thanksgiving, is now regarded as the biggest shopping day of the year since sales on that day are higher than any other day.
What exactly is so enticing about Cyber Monday? While items are marked down significantly, retailers also offer free shipping. In other words, consumers have no incentive to head to the stores, as they can get the same deals online at no additional cost. You can check out the external hard drive deals atMyExternalHardDrive.com guide. Some of the popular items that are on saleHow can one become familiar with the upcoming Cyber Monday laptop deals? It is actually quite simple, as retailers today do whatever necessary to ensure that consumers are fully aware of the bargains that will be available. Most retailers have separate online flyers that can be obtained by signing up for an e-mail list. These flyers are sent out a few days before Cyber Monday, allowing consumers enough time to compare prices. The best sales are on the front page and most of the time the Cyber Monday laptop deals are emphasized on the front cover. These deals are only available for a limited time and in some cases one can only acquire specific items during a short time window. For instance, some online deals are only available from 6:00 a.m. to 12:00 p.m., similar to Black Friday. As a result, it is recommended that consumers looking to secure a specific item have access to a computer right when the deal is about to go live.
What type of Cyber Monday laptop deals can one expect? In 2010, there were definitely some notable sales. For instance, the HP G26x was offered for $479.99. This unit came equipped with 4 GB of RAM and a 500 GB hard drive. It should be noted that this model was only offered at this price after one completed certain rebates. Some of these rebates were instantly recognized at the register, while others were mail-in rebates. Consumers should always be aware of the fine print on advertisements so that they are not surprised when the transaction takes place at the register. Another Cyber Monday laptop deal form 2010 was a 13-inch MacBook for $849.99. When determining the value of these deals, one should research and find the price of the specific item at that given time period. If previous Cyber Monday laptop deals are compared to today’s prices, they might not seem as much of a bargain.
Why do retailers offer such ridiculous prices on certain days of the year? It is actually a marketing tactic aimed at increasing sales volume. With Black Friday, consumers head into the store and stumble upon deals that they cannot pass up. The same logic applies to Cyber Monday. While browsing online, consumers may find sales that they didn’t spot on the advertisement. In addition to a specific item they may be targeting, consumers may grow inclined to purchase other items as well. Retailers actually do not generate much profit on days like Cyber Monday and Black Friday. However, research has indicated that shoppers who enter the stores (or websites) on these days are more likely to make another purchase in the future.
What type of Cyber Monday laptop deals will be available this year? The only way to find out is to keep an eye open for the flyers that retailers will release ahead of time. It is usually best to subscribe to an e-mail list to receive the most up-to-date news of a particular retailer. Most websites have a text box on the front page by which one can enter his/her e-mail to become active on the mailing list. Consumers should also adjust their spam settings in case e-mails from a particular retailer are not reaching their inbox.
With Cyber Monday now the biggest shopping day of the year, many analysts believe that Black Friday will soon become inexistent. Eventually, the trend will be towards shopping online, as it can save considerable time. However, consumers should continue to take advantage of both shopping days since the sales are usually significant. Specifically, the Cyber Monday laptop deals offer huge incentive to purchase the advertised models. As mentioned before, timeliness is critical, as most of the deals are not available during all hours of the day. Even though Cyber Monday deals are available online, stores can still run out of stock and items can be available only for a certain period of time.
The busiest day in any store is the day after Thanksgiving. Black Friday, as it is better known, sends mad rushes of holiday shoppers to stores –with some even camping out looking for deals.
So when the Alabama Sales Tax Holiday, or Tax Free Weekend, comes to Alabama in August, it can almost be viewed as a warm up for November. Several local businesses see a spike in customers, sales and overall business activity.
“There’s always an increase,” said Clanton Walmart Assistant Manager Matthew Jones.
Jones said with the breaks on taxes come an influx of back-to-school shoppers. One of the keys to a successful weekend is scheduling.
“We’re expecting higher customer traffic than normal,” he said. “We try to adjust our employees’ schedules for the increase in customer traffic.”
The stores that are most commonly hit by a wave of customers are those that sell clothes, electronics and school supplies. Among the guidelines for an object to be exempt from taxes is that it must be a single item of clothing costing less than $100, a single computer-related item costing less than $750, and single items of school supplies costing less than $50.
Susan Grund, manager of the Clanton Market Place Dollar General, said she also noticed an increase in the amount of shoppers but said she encourages people to come to her store.
“I’m hoping to have 100-200 more a day at least,” she said.
Grund also said if any customer has a question or needs assistance, to simply ask for it.
“If they need help, just ask,” she said. “If they need something that isn’t on the shelf, we’ll go get it from the back. We’ll be glad to help.”
The busiest day in any store is the day after Thanksgiving. Black Friday, as it is better known, sends mad rushes of holiday shoppers to stores –with some even camping out looking for deals.
So when the Alabama Sales Tax Holiday, or Tax Free Weekend, comes to Alabama in August, it can almost be viewed as a warm up for November. Several local businesses see a spike in customers, sales and overall business activity.
“There’s always an increase,” said Clanton Walmart Assistant Manager Matthew Jones.
Jones said with the breaks on taxes come an influx of back-to-school shoppers. One of the keys to a successful weekend is scheduling.
“We’re expecting higher customer traffic than normal,” he said. “We try to adjust our employees’ schedules for the increase in customer traffic.”
The stores that are most commonly hit by a wave of customers are those that sell clothes, electronics and school supplies. Among the guidelines for an object to be exempt from taxes is that it must be a single item of clothing costing less than $100, a single computer-related item costing less than $750, and single items of school supplies costing less than $50.
Susan Grund, manager of the Clanton Market Place Dollar General, said she also noticed an increase in the amount of shoppers but said she encourages people to come to her store.
“I’m hoping to have 100-200 more a day at least,” she said.
Grund also said if any customer has a question or needs assistance, to simply ask for it.
“If they need help, just ask,” she said. “If they need something that isn’t on the shelf, we’ll go get it from the back. We’ll be glad to help.”