WEEK OF NOVEMBER 22, 2015 W E E K LY G LO B A L R E TA I L PR O M O U PDAT E B L AC K F R I DAY DEBORAH WEINSWIG =pms 1795 • Sears will open its doors to crowds at 6 pm on Thanksgiving evening, the same time that it opened last year. • This year, Macy’s will open its doors on Thursday at 6 pm and continue its Black Friday promotions until Saturday, as it did last year. • UK Health and beauty retailer Boots kicked off its Pre-Black Friday promotion on Friday, November 20, a week before the main event. • Amazon is promising its biggest Black Friday week ever. The retailer is running Lightning Deals on products in limited quantities for a short period of time. EXECUTIVE DIRECTOR - HEAD OF GLOBAL RETAIL & TECHNOLOGY FUNG BUSINESS INTELLIGENCE CENTRE DEBORAHWEINSWIG@FUNG1937.COM NEW YORK: 646.839.7017 | CHINA: 86.186.1420.3016 =pms cool gray 10 WEEK OF NOVEMBER 22, 2015 US PROMO YOY HIGHLIGHTS =pms 1795 =pms cool gray 10 2015 2014 • • • • • • • • The Macy’s 2015 Thanksgiving promo is almost visually identical to the retailer’s promo from the same week last year. This year, Macy’s is offering an extra 20%, 15% or 10% off home and other selected departments, and 20%–50% off selected clothing styles. Last year, the retailer offered an extra 15% or 10% off selected departments. Target’s Pre-Black Friday ad for this week focuses on the same products as its 2014 Black Friday promo did. It seems that Beats headphones and LED televisions are still best sellers for a second year in a row. Last year’s ad featured kitchen appliances, while this year’s highlights electronic gadgets. Walmart is offering an online preview of its Black Friday weekly ad ahead of time, as it did last year. This year, however, the retailer released the ad early through its app. Walmart is allowing customers to enjoy Black Friday deals online during Thanksgiving Day, just as it did last year. FBIC GLOBAL PUBLICATION: US RETAIL PROMOS UPDATE, WEEK OF NOVEMBER 22, 2015 Copyright © 2015 The Fung Group, All rights reserved WEEK OF NOVEMBER 22, 2015 US PROMO YOY HIGHLIGHTS =pms 1795 =pms cool gray 10 Retailer 2015 2014 BLACK FRIDAY DEALS • • • • JCPenney has released its Black Friday promo, featuring discounts that will be valid online all day both November 26 and 27. This year, store doors will open at 3 pm on Thanksgiving Thursday compared to 5 pm last year. Early shoppers will receive instant-savings coupons with purchase and be eligible to win one of 10 $10,000 cash grand prizes. The retailer is offering major discounts that are similar to last year’s sales on apparel, kitchen appliances, bedding and holiday decor. 72 pages 72 pages BLACK FRIDAY DOORBUSTER • Sears will open its doors to crowds at 6 pm on Thanksgiving evening, the same time that it opened last year. • The retailer is promoting Doorbusters deals that focus mostly on fall apparel and electronic kitchen appliances, similar to other recent weekly promos. • Sears is offering a 30% off coupon with a purchase of $50 or more on clothing, accessories, sleepwear and lingerie instore and online. 64 pages 64 pages BLACK FRIDAY PREVIEW • Target’s Black Friday sale also starts on Thanksgiving Day, when store doors will open at 6 pm (last year, the retailer’s Black Friday discounts started at 1 am on Friday). • This year’s promos are similar to last year’s in terms of both visuals and content, as Target is promoting mostly the same items, but in newer versions. • This year, the promo’s focus is mainly on electronic gadgets such as HD video drones, Beats headphones, Apple products, GoPro cameras and Fitbits. • Target says it is offering its lowest prices ever on all televisions. 36 pages FBIC GLOBAL PUBLICATION: US RETAIL PROMOS UPDATE, WEEK OF NOVEMBER 22, 2015 Copyright © 2015 The Fung Group, All rights reserved 36 pages WEEK OF NOVEMBER 22, 2015 US PROMO YOY HIGHLIGHTS =pms 1795 =pms cool gray 10 Retailer 2015 2014 MACY’S BLACK FRIDAY • This year, Macy’s will open its doors on Thursday at 6 pm and continue its Black Friday promotions until Saturday, as it did last year. • Shoppers will be able to enjoy discounts on everything from apparel and shoes to jewelry and handbags, while supplies last. • Customers who spend more than $50 can receive a $20 off coupon. • Fall apparel and shoes for the family are featured in this year’s promotion, as they were last year. 56 pages N/A THE BEST BLACK FRIDAY EVER • Similar to many other retailers, Kohl’s will open its doors at 6 pm on Thanksgiving evening, as it did last year. • The retailer will offer different deals online every day beginning Monday, November 23, and running through Black Friday. • Online deals will vary, and include everything from scooters to HD televisions to drones. • Kohl’s is also offering two free tickets to Star Wars: The Force Awakens to the first 100 customers who shop in-store on Thursday. 66 pages 64 pages BLACK FRIDAY SAVINGS • Walmart Stores will be open at 6 pm on Thanksgiving Thursday, and Black Friday deals will be available online throughout the whole day. • This year, Walmart is focusing on electronic devices and kids’ toys, similar to last year. • Customers can also enjoy discounts on clothing for the family, bedding, kitchen appliances and prelit Christmas trees. 32 pages FBIC GLOBAL PUBLICATION: US RETAIL PROMOS UPDATE, WEEK OF NOVEMBER 22, 2015 Copyright © 2015 The Fung Group, All rights reserved 40 pages WEEK OF NOVEMBER 22, 2015 PRE-BLACK FRIDAY =pms 1795 • Health and beauty retailer Boots kicked off its Pre-Black Friday promotion on Friday, November 20, a week before the main event. • Top deals include 62% off an Oral-B electric toothbrush (£33.99, US$55.22), Juicy Couture perfume at 60% off (£26.80, US$43.54) and half price on selected Philosophy fresh cream products. =pms cool gray 10 FOUND IT AT THE BIG GIFT EVENT • On Monday, November 23, Debenhams kicked off a seven-day Big Gift Event, with savings of up to 30% across all departments. • During the week of Black Friday, the retailer is offering themed promotions each day. • On the first day of the promotion, deals included 40% off selected dining and glassware and women’s designer clothing, and an additional 20% off selected furniture that was already part of an up-to-half-off promotion. UK PROMO HIGHLIGHTS BLACK FRIDAY DEALS WEEK FBIC GLOBAL PUBLICATION: US RETAIL PROMOS UPDATE, WEEK OF NOVEMBER 22, 2015 Copyright © 2015 The Fung Group, All rights reserved • Amazon is promising its biggest Black Friday week ever. • The retailer is running Lightning Deals on products in limited quantities for a short period of time. • Top deals during the week before Black Friday included 72% off a Philips Shaver and Trimmer (£55.99, US$90.97), an ASUS 10.1” convertible laptop at 51% off (£149.99, US$243.69) and up to 75% off selected Carissima gold jewelry. • This year, the shopping event is sponsored by Doddle, a click-and-collect service with stores located in railway stations across the UK. WEEK OF NOVEMBER 22, 2015 “WE ALWAYS CHECK AND MATCH COMPETITORS’ PRICES” =pms 1795 =pms cool gray 10 • John Lewis, the retailer that claims to be “Never Knowingly Undersold,” is taking part in Black Friday after a hugely successful event in 2014, when it pulled in its biggest weekly sales in its 150-year history. • This year, the retailer has not announced details of its offerings at the time of this writing, but it is promising even bigger deals than last year. • Prior to Black Friday, on Tuesday, November 24, the retailer ran a Price Match event, where it promised to match a competitor’s promotion. BLACK FRIDAY WEEK • Online retailer Very, which is part of Shop Direct, is also running promotions the week before Black Friday, with themed deals. • On Monday, November 23, the retailer offered deals for the kids, with 20% off all toys, 30% off selected furniture and 10% off selected video games. • On Tuesday, November 24, Very offered deals for the home, including at least 20% off all living room collections and 30% off all bedframes. UK PROMO HIGHLIGHTS 12 DAYS OF AMAZING DEALS FBIC GLOBAL PUBLICATION: US RETAIL PROMOS UPDATE, WEEK OF NOVEMBER 22, 2015 Copyright © 2015 The Fung Group, All rights reserved • From November 20 through December 1, Argos is running a Black Friday Event with daily deals. • Top offers include a Nikon Coolpix camera at 55% off (£89.99, US$146.21), a Nescafe Dolce Gusto coffee machine at 56% off (£38.99, US$63.35) and half price on a Revell drone (£49.99, US$81.22). WEEK OF NOVEMBER 22, 2015 BLACK FRIDAY WEEKEND =pms 1795 • Tesco will launch its four-day Black Friday sale on Friday, November 27, at midnight online and in stores at 5 am. The retailer had not yet announced its deals at the time of writing, a few days before Black Friday. • In the week leading up to the event, Tesco ran a Toys Flash Sale through Wednesday, November 25. Participating brands included Disney Frozen, Playmobil, Fisher-Price and Hello Kitty, with offers up to 50% off. • Additionally, the retailer is running a Clubcard Boost event, which allows customers to double the value of their Clubcard loyalty points when shopping in selected Tesco departments. =pms cool gray 10 BLACK TAG EVENT • British electrical retailer Currys started its 10-day Black Tag shopping event on Monday, November 23. • Top deals include £30 (US$49) off a Nutribullet (£69.99, US$113.71), 39% off Beats By Dre headphones (£169, US$275) and half price on a Canon printer (£49.99, US$81.22). UK PROMO HIGHLIGHTS BLACK FRIDAY FBIC GLOBAL PUBLICATION: US RETAIL PROMOS UPDATE, WEEK OF NOVEMBER 22, 2015 Copyright © 2015 The Fung Group, All rights reserved • This year, Marks & Spencer is running a Black Friday event for the second time. • Last year, the retailer offered up to 30% off across homeware and clothing lines, and up to 20% off food. As noted earlier, our wrapup of promotions was prepared a few days before Black Friday, and M&S had not yet launched its offers. • Additionally, the retailer is offering three-fortwo on toys and books, and a 20% off mixand-match promotion on furniture. WEEK OF NOVEMBER 22, 2015 WEEKLY PROMO AT A GLANCE =pms 1795 =pms cool gray 10 Retailer Event Dates Name of Promotion Pages Promotion Details 11/20-11/25 The Big Brown Bag Sale Online Take $25 off almost every $200 you spend on a selection of merchandise Ends 1/1 Save Up To 50% Online Save up to 50% on select items in-store and online Ends 11/24 One-Day Deals Online 50% off select coats, hats, gloves and scarves for kids Ends 11/24 One-Day Deals Online 40%-50% off select girls’ boots Ends 11/25 Black Friday Doorbusters Online $499.99 (regular $999.99 ) Ovivo Ares 55-Inch 4K 120Hz LED TV with Roku Streaming Stick ONU55MA67-SH Ends 11/25 Black Friday Doorbusters Online $389.99 (regular $629.99) iRobot Roomba 761 Vacuum Robot with Replenishment Kit Ends 11/24 Thanksgiving Sale Online 20%-50% off select styles 11/25-11/28 Black Friday Web Busters Online 60% off select men’s coats and jackets 11/22-11/23 Members Private Event Online Members get Black Friday prices first N/A Sears Doorbusters Online Up to 60% off mattresses 11/22-11/25 Four-Day Sale 1 Children’s toys - buy 2 at $6.99 ea. get 2 free with card 11/22-11/25 Four-Day Sale 4 Holiday Snacks or Cookies - $1.99 with card 11/22-11/25 Four-Day Sale 9 Disney Junior Toys - 2/$10 or $5.99 ea. with card 11/22-11/25 Weekly Ad 1 Scott Choose-A-Sheet paper towels - $2 off with coupon 11/22-11/25 Weekly Ad 2 $0.88 Family Dollar Cleaners 11/22-11/25 Weekly Ad 3 $1 Coca-Cola Products 11/26-11/28 Black Friday Preview 1 $394.99 Parrot Bebop drone captures HD 1080p video and 14MP photos 11/26-11/28 Black Friday Preview 3 $99.99 Nikon CoolPix L340 20MP digital camera with 28X zoom and HD video 11/26-11/28 Black Friday Preview 1 50% off all holiday string lights 11/26-11/28 Black Friday Preview 2 $49.99 Horizon video drone 11/26-11/28 Black Friday Preview 3 $19.99 Disney Frozen Snow Glow Elsa 11/26-11/27 Black Friday 1 $59 Fitbit Flex Wristband 11/26-11/27 Black Friday 5 $199 HP 15.6” laptop FBIC GLOBAL PUBLICATION: US RETAIL PROMOS UPDATE, WEEK OF NOVEMBER 22, 2015 Copyright © 2015 The Fung Group, All rights reserved WEEK OF NOVEMBER 22, 2015 UK WEEKLY PROMO AT A GLANCE =pms 1795 =pms cool gray 10 Retailer Channel Promotion Details In-store and Online Two for £10 (US$16) on selected women’s nightwear In-store and Online Selected toys: three for £20 (US$32) In-store and Online 20% off selected baby items In-store and Online Men’s tops: two for £8 (US$13) In-store and Online Up to 50% off furniture In-store and Online Selected Floral Collection beauty products at half price In-store and Online Buy one, get one free on kids’ socks In-store and Online Buy two for £60 (US$97) or three for £90 (US$146) on men’s luxury shirts In-store Car first aid kit: £4.99 (US$8.11) In-store Cartronic remote-controlled sports car: £19.99 (US$32.48) In-store Esmara ladies’ boots: £11.99 (US$19.48) In-store and Online Up to half off selected Philips shavers In-store and Online 25% off selected toys In-store and Online Three for two on boxed Christmas cards In-store and Online Picture frames: three for two In-store and Online Up to 50% off selected branded clothing In-store and Online Selected John Lewis lamps: half price In-store and Online 30% off Molton Brown hand lotion In-store and Online Two years’ extra warranty with a purchase of a Smeg mixer In-store Bluetooth headphones: £14.99 (US$24.35) In-store Telescope: £69.99 (US$113.71) In-store Ladies’ parka: £24.99 (US$40.60) In-store and Online 40% off selected remote control toys In-store and Online Selected Christmas wrapping paper and crackers: up to half off In-store and Online Breville crepe maker: 31% off (£22, US$36) In-store and Online Debenhams “Brooklyn” bar stool: 80% off (£44, US$71) FBIC GLOBAL PUBLICATION: US RETAIL PROMOS UPDATE, WEEK OF NOVEMBER 22, 2015 Copyright © 2015 The Fung Group, All rights reserved WEEK OF NOVEMBER 22, 2015 =pms 1795 =pms cool gray 10 Deborah Weinswig, CPA Executive Director - Head of Global Retail & Technology Fung Business Intelligence Centre New York: 917.655.6790 | Hong Kong: +852.6119.1779 deborahweinswig@fung1937.com Filippo Battaini filippobattaini@fung1937.com Marie Driscoll, CFA mariedriscoll@fung1937.com Swarooprani Muralidhar swaroopmuralidhar@fung1937.com Jing Wang jingwang@fung1937.com Cam Bolden cambolden@fung1937.com Janne Eho JanneEho@fung1937.com Shoshana Pollack ShoshanaPollack@fung1937.com Steven Winnick stevenwinnick@fung1937.com Amanda Byrne amandabyrne@fung1937.com John Harmon, CFA johnharmon@fung1937.com Charlie Poon charliepoon@fung1937.com Tal Dor taldor@fung1937.com Aragorn Ho aragornho@Fung1937.com Kiril Popov kirilpopov@fung1937.com Gil Dror gildror@fung1937.com John Mercer johnmercer@fung1937.com Lan Rosengard lanrosengard@fung1937.com FBIC GLOBAL PUBLICATION: US RETAIL PROMOS UPDATE, WEEK OF NOVEMBER 22, 2015 Copyright © 2015 The Fung Group, All rights reserved