NEW YORK — Wal-Mart’s highly awaited Black Friday ad promises hot deals on high-definition TVs, Blu-ray players, laptops and holiday gift favorites such as toys and DVDs, according to a copy of the retailer’s circular obtained by CNNMoney.com on Saturday.
The world’s largest retailer promised last month that it would do whatever was necessary to be the most competitive on prices during the year-end holiday shopping season.
A quick look through Wal-Mart’s circular shows that the discounter is ready to take on its rivals, especially in the key electronics and toys categories.
According to the circular, Wal-Mart will unveil some Black Friday deals in stores on midnight — while other, juicier “doorbuster” bargains will be available while supplies last from 5:00 a.m. to 11:00 a.m. on Black Friday, the day after Thanksgiving.
A company spokesman confirmed that most Wal-Mart stores will open at midnight that day.
“Customers can avoid standing in the cold waiting for stores to open and get an early jump on the season’s best savings,” he said. The early sales will focus in items like toys, pajamas, and small kitchen appliances, with the electronics and HDTV deals kicking in at 5 a.m., he said.
Among the doorbuster deals the circular advertises: the 32-inch Emerson 720p LCD HDTV for $198; 42-inch Emerson 1080p LCD HDTV for $398; 42-inch LG 1080p LCD HDTV for $478; Magnavox Wi-Fi Blu-ray player (with a $10 credit for on-demand movie service Vudu) for $68; 8GB iPod Touch for $225, plus a $50 Wal-Mart gift card; Kodak C183 14-megapixel 3-inch LCD digital camera for $59; and an HP 15.6-inch 250 GB harddrive laptop for $298.
Doorbusters also include $7 and $8 videogames, more than 90 DVD movie titles for $1.96, and Blu-ray disc movies for $5 and $10.