Black Friday: A Canadian Retailer’s Worst Nightmare
In Jasmine Chan’s blog post, “A ‘Borrowed’ Culture From the South,” she discusses how some Canadian stores are gradually adopting the concept of America’s Black Friday. But perhaps Canadian retailers should do so more quickly as the shopping extravaganza – which lasts from the day after U.S. Thanksgiving, and now, usually extends until Cyber Monday – could seriously hurt sales. Some Canadian retailers are taking steps to cope with the potential decrease in sales. Sears Canada Inc. and Lululemon Athletica Inc. began offering deals Thursday in the hopes of attracting shoppers before they left…read more