- "Kohl's, a mid-priced retailer of clothing and home goods, said it would substantially increase its marketing and cut prices to attract bargain-hunters on Black Friday, the day after Thanksgiving."
- "J.C. Penney Co Inc and other department store chains plan similar increases in holiday promotions and marketing ..."
- "Limited Brands, whose main chains are Victoria's Secret and Bath and Body Works, also expects to be more promotional than previously planned, the retailer said Thursday on a call with investors."
Sunday, November 23, 2008
Department stores increasing marketing, price cuts
A number of department and specialty stores are planning to increase both the amount of marketing and the level of price cuts during the holiday season.