Subject:
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Re: Anymore B&M Walmart markdowns?
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Newsgroups:
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lugnet.market.shopping
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Date:
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Tue, 28 Jan 2003 21:26:59 GMT
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Viewed:
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1066 times
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In lugnet.market.shopping, George Notel writes:
> I've visited some of my local Wal-Marts and haven't found the great markdown
> deals that existed at Target, so therefore there's still a lot of stock.
> Does Wal-Mart do another mark down? It looks like they're at almost 50%
> now. Maybe on February 1? Anyone know?
Wal-Mart has a discretionary budget for management regarding
markdowns. In short, they can let things go for less if they
feel it's not moving; they spent their clearance dollars to
make those "in-store specials." Some store managers get rid
of it right away; others don't mark down until March. My
suggestion, if there is a *lot* of stuff that's not moving,
is to go in after 1 February and offer to take it off their
hands if you can get an additional discount. They may do this
but you generally have to take *all* of it!
I had a Wal-Mart where I did this regularly, and so I would
walk out three or four times a year with $2500 worth of LEGO
each time, all at 75% off. It's just a matter of building
a relationship and finding a manager who's amenable.
So in short, there is no hard and fast rule regarding markdown
schedules that is chain-wide.
best
LFB
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Message is in Reply To:
 | | Anymore B&M Walmart markdowns?
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| I've visited some of my local Wal-Marts and haven't found the great markdown deals that existed at Target, so therefore there's still a lot of stock. Does Wal-Mart do another mark down? It looks like they're at almost 50% now. Maybe on February 1? (...) (22 years ago, 28-Jan-03, to lugnet.market.shopping)
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