The sign outside Jack Woodward’s Taylor Street shop says it all: Biggest Sale of the Year.
Like other retailers, Woodward, owner of Fashions On The Go, is preparing for Black Friday. Woodward’s Kokomo store specializes in men’s suits, and hip hop and women’s apparel.
And like other retailers, Woodward, who is also the pastor of Strait Gate Church, is interested in making a profit this holiday season, but he can also offer shoppers some good advice to go along with the good deals.
“I don’t think you can buy too many gifts, but people should not overdue it when it comes to holiday shopping,” said Woodward. “The wise men brought gifts when they met baby Jesus. Buying gifts is a way to show your love for someone and your appreciation for them. But people should not overdo gift buying. They should remember Jesus is the reason for celebrating this season.”
Still, Woodward is offering incentives for Black Friday shoppers. On Friday, his store will open at 8 a.m. and will offer 50 percent off items until noon.
Attempting to capitalize on the expected 190 million customers, who will spend an average of $300 to $400 on Friday, many retailers used their Web sites earlier this month to announce sales prior to Black Friday. The day is seen as the official start to the Christmas shopping season, and retailers are hoping to ring up some big sales to boost lagging profits.
Many retailers are expecting to make at least 50 percent of their annual profits and sales during the four-week period leading up to Christmas.
As a result, starting today and continuing through the end of the year, retailers are hoping people also remember the holidays are a reason to celebrate and buy.
According to the Center for Education and Research in Retailing at Indiana University’s Kelly School of Business, November-December retail sales are expected to total $437 billion.
Furthermore, the National Retail Federation expects consumers to spend an average of $682.74 on gifts this season, down from $705.01 in 2008. That led NRF experts to predict a 1 percent decline in total retail shopping.
“A successful holiday season is important nationally, but in the short run, I don’t think it helps areas like Kokomo,” said Alec Friedhoff, a research analyst for the Washington, D.C.-based Brookings Institute. “Kokomo’s economic future is tied to the automotive industry. The health of the U.S. economy may be reflected by what happens this holiday season, that may be valid; but in the long run, for Kokomo, its health is the automotive industry.”
For Black Friday, many stores are opening early — as early as 4 a.m. — and staying open all day.
Offering sales on everything from toys to electronics, crowds are expected to be large Friday, and hopefully safer than last year.
Last year on Black Friday, a Wal-Mart customer was trampled to death in New York while a Toys R Us employee was shot.
Wal-Mart was cited for inadequate crowd management for last year’s incident. It had to create a crowd-management plan for its stores.
As a way to alleviate customers making a mad dash to sale items. This year, the retailer is beginning its sales at 5 a.m., although most of its supercenters already operate 24 hours.
Customers can line up in supervised lines for merchandise. Workers will then distribute items in the order in which a customer joined the line.
Furthermore, for the first time, acknowledging deep discounts and super sales can create unruly crowds, the NRF created a comprehensive crowd-control plan.
Both plans are good approaches to Black Friday crowd control, said David R. Rink.
Rink, professor of marketing at IU Kokomo, said when people have been in line for long hours and haven’t slept, they will likely be short tempered — especially when trying to find the last one-of-a-kind gift.
“When you have hundred of customers trying to get a bargain in a short period of time, and one or two people get out of line, you can have problems,” said Rink, adding multiple entrances can help with traffic flow and while customers are standing in line, stores should provide refreshments to make the long lines more palatable.
“I think for crowd control, stores should have more security to help with traffic flow and additional check-outs. You can even have the local police cruise the parking lots.”
Mary Martin, Markland Mall’s assistant marketing manager, said when the mall opens at 5 a.m. Friday, some stores will offer refreshments to customers standing in line.
“We will be ready. Traffic around here has been sporadic during the week, but since the end of September, it has really picked up,” said Martin.
“I think a lot of people have been shopping early due to having limited funds and now they are interested in buying add-on gifts. Black Friday is a big event here and retailers will have deals.”
• K.O. Jackson is the Kokomo Tribune’s business writer. He can be reached at (765) 854-6739 or via e-mail kirven.jackson@ kokomotribune.com
Local News
Shoppers preparing for Black Friday
Retailers offering big deals to attract customers.
- Local News
-
-
Chamber cancels cook-off
After an 11-year run, the annual chili cook-off in Kokomo has been canceled for this year.
-
Miami County GOP fails to appoint new trustee
PERU – Miami County commissioners will be forced to appoint a Perry Township trustee after the GOP’s county chairman exceeded the deadline to replace the vacated seat.
-
Students petition to keep daycare at IUK
A group of Indiana University Kokomo students is petitioning the university to reconsider shutting down an on-campus childcare center.
-
Walk participants offer prayers to heal community
On Jan. 26, 48-year-old Argena Williams was shot in the head at the corner of Taylor Street and Apperson Way during a shooting spree that left one other dead and two more wounded.
-
Party atmosphere in Indianapolis
A wild and record-setting Super Bowl week was capped Sunday with the New York Giants winning their fourth title game. But the host city of Indianapolis was also a winner.
-
Council puts off budget cut decision
Miami County Council once again last week postponed any decisions on cutting nearly $900,000 from the county general fund after the state issued a mandate requiring the budget reduction.
-
Kokomo starting sewer project at Indian Heights
Construction work to increase the capacity of the sewer line leaving the Indian Heights subdivision is set to begin today.
-
Public Eye - Sunday, Feb. 4, 2012
Not running
Republican Joe Pencek announced Jan. 24 he will not be seek a third term on the Howard County Council in an at-large position.
-
Information technology company opens in incubator
A Kokomo information technology startup has opened an office in a business incubator run by the Greater Kokomo Economic Development Alliance.
-
Weather helps host city draw record attendance
The out-of-season warm weather in the Super Bowl’s host city has created an envious problem: Record crowds descending on the city’s downtown.
- More Local News Headlines
-
Chamber cancels cook-off








