Black Friday 2011: Chain stores opening earlier and offering deeper discounts than in the past

Every Black Friday, there’s a staring contest between retailers and shoppers over price. This year, the stores may have blinked first.

Chains such as Toys “R” Us Inc. and Gap Inc. are opening earlier and offering more markdowns than ever on the day after Thanksgiving, said Mary Delk, a director at Deloitte Consulting. The result may be higher sales and lower profits for retailers over the holiday season.

http://www.washingtonpost.com/business/black-friday-2011-chain-stores-opening-earlier-and-offering-deeper-discounts-than-in-the-past/2011/11/23/gIQALgXRoN_story.html