When Staples decided on its Black Friday specials this year, it knew the deals wouldn’t stay secret for long. In the Internet age, retail surprises are quickly becoming things of the past as ads leak online weeks before their official unveiling.
With nightmares of Christmas 2008 markdowns dancing in their heads, retailers have slashed inventories to some of the leanest levels in recent memory.
Battered by the recession, families are scaling back their holiday plans. Here’s why that’s a good thing.