A mall near Buffalo, New York, is threatening to hit retailers who fail to open on Thanksgiving with fines of around $200 an hour.
Home to over 200 stores, Walden Galleria is already taking flak for the move, with a mention on Boycott Shopping on Thanksgiving's Facebook page. According to the Huffington Post, store managers were informed last week that there would be consequences if they remained closed on the holiday, when the mall will open at 6 p.m.
"It's a family day, it's a holiday and frankly it's really getting out of hand with how stores are opening so early," Brian McKnight, manager of Walden Galleria's Art of Shaving boutique, told HuffPost. "It's about having that comfortable work-life balance and respecting my employees' holiday time with their families."
McKnight's shop will remain closed until 5 a.m. on Black Friday. The potential fines vary from one shop's to the next based on their lease agreements. McKnight says he expects to be hit to the tune of around $250 an hour -- $2,750 in total if he proceeds as planned.
"We're just stuck following the rules," Shaun Deutsch, the manager of the mall's Tee Shirt University store, told Time Warner Cable News, Buffalo, "because if we didn't, we'd be fined by the mall and being a small company, that's substantial to us. We can't just pay that."
"It's been a lot different this year trying to find people to work," Deutsch said. "It's not been easy. I've been forced to schedule myself because I can't find anyone else, really, to help me out."
Last year, the Walden Galleria opened at midnight on Black Friday. Pyramid Management, which owns the mall, plans to have several other properties open on Thanksgiving, including Crossgates Mall near Albany.
13 Ways Black Friday 2014 Will Be Different
N.Y. Mall to Fine Stores That Refuse to Open on Thanksgiving
Last year, to build anticipation, a handful of retailers offered sneak peeks of their Black Friday ads several weeks before the official, complete debut. The strategy was successful at generating buzz, so expect to see far more retailers doing the same this year. A few stores to watch out for include MacMall, JCPenney (JCP) and Macy's (M), which leaked its sales via its Pinterest page.
Doorbuster deals are super-cheap, small-volume deals designed to get shoppers inside stores on Black Friday (although they frequently appear online as well). But because doorbusters are so limited in quantity, they tend to run out before most people set foot inside a store -- prompting many shoppers to just stay home. But, retailers want you in-store, in the hopes that you'll make some impulse purchases. Thus, we expect more retailers to offer a handful of "guaranteed" doorbuster deals this year, meaning eligible shoppers will receive wristbands or vouchers that guarantee that item, even if supplies run out (but you might have to wait a few weeks to receive it). Walmart (WMT) and Toys "R" Us did this to great success last year, and we expect to see more stores join in this year.
Despite petitions and protests from employees, retailers are looking to stock up on cashiers this Black Friday. While that means more people will have to work extra hours this Thanksgiving, it also means shoppers should experience shorter lines and wait times in-store.
It was around Black Friday last year that Target (TGT) experienced the first of these massive security hacks, but it wasn't the last; then came Neiman Marcus, eBay (EBAY), Home Depot (HD) and more. There's no denying 2014 has been the year of the hack. As a result, both retailers and consumers will be extra cautious this year, guarding their credit card info from would-be thieves. We recommend brushing up on a few crime prevention basics and limiting the amount of times you use your debit card in public.
Despite those financial security concerns, tap-to-pay services are at the forefront this year now that Apple (AAPL) has joined Google (GOOG) Wallet in the mobile payment industry. This may spur competing platforms and retailers to offer promotions or loyalty rewards when consumers pay via their smartphone. So, be on the lookout for promotions tied to mobile wallet purchases this year.
Good news for online shoppers: The United States Postal Service has slashed shipping costs for select businesses by up to 58 percent, which may inspire more shipping discounts from retailers. But before you celebrate, the new lower prices may backfire and cause the USPS to be overwhelmed this holiday season, especially as UPS (UPS) and FedEx (FDX) prepare to raise their rates. Your best bet -- shop early and keep an eye on those tracking numbers.
Previous-generation streaming devices tend to see the best deals on Black Friday, but this year the market is busier than ever, meaning we could see significant deals on current-generation set-top boxes. Among the newer models to look out for are Amazon's Fire TV and Sony's (SNE) PlayStation TV, both of which debuted at $99 and cater to gamers.
This year we expect to see no-frills 4K TVs hit well below the $999 mark. Leading the charge will be budget TV manufacturer Seiki, which broke all deal records this summer with its $280 39-inch and $429 50-inch 4K TVs. These and other Seiki screens will hit similar price-lows this Black Friday, bringing 4K technology to the masses.
Bargain bin laptops have hit rock bottom. These simple, low-powered machines can't get any cheaper than prices we've seen in years past, which range from $178 to $200. As a result, this Black Friday you're going to see better discounts on mainstream machines, i.e. laptops with Intel's (INTC) current-generation Core processors and a respectable spec sheet. Deal prices on mainstream machines have been steadily dropping since April, with deals already flirting with the $350 range at the start of the fall season.
There was a time when brick-and-mortar stores refused to price match their online competitors, but as more consumers turned to e-commerce, big-name chains like Walmart and Best Buy changed their policies. This year, Toys R Us, Walmart, Best Buy and Target will be just a few big name stores that will take on Amazon. Expect to see many more price match announcements as Black Friday approaches. And as always, make sure to read the store guidelines as not everyone will offer no-questions-asked price matching.
Despite a crash in sales, tablets are still a hot commodity and expected to sit atop everyone's shopping list this November. With growing competition from Apple, Google and Microsoft (MSFT), it's a buyer's market, which means you can expect more tablet sales this year than there were in 2013. If you're strapped for cash, Windows tablets could offer the most savings since 50 percent of Windows tablet sales this year have been Editors' Choice deals.
Traditionally, the best toy deals appear in mid December, just before Santa's big debut. However, last Black Friday week saw more toy deals than ever before, beating out every week in December in terms of Editors' Choice deals. While it's hard to predict what might happen this year, one thing is certain: If you have toys on your shopping list, you won't want to sit out this Black Friday.