Borders Group is giving discount on best sellers on Black Friday

Members of Michigan Retailers Association are going to give 50% or more discounts. freep.com reports:

…members say they are expecting a 1% decline in holiday sales compared with last year. Many are already discounting 50% or more and 45% of them have added lower-price items to appeal to cash-strapped consumers.

Ann Arbor-based Borders Group, Inc. (NYSE:BGP) started to send special savings coupons to its 30 million loyalty program members. This will go on through the current holiday season. This gave them a two-day jump on Black Friday deals. Members will get:

50% off on selected bestsellers.

50% off on Blu-Ray disks.

The deals also include holiday wrap, digital photo frames, DVD box sets and CDs.

On October 6, 2008, Wal-Mart Stores, Inc. (NYSE:WMT) started its holiday season sales promotion. You will get toys in $10 on Black Friday. Kids coats would cost $4 and Garmin GPS for $97.

Arundel Mills Mall in Hanover will open at midnight on Black Friday. It will offer $2500 worth of gift cards every half hour throughout the evening.

Queenstown based Prime Outlets will open up at 12 a.m. and host a “pajama party.” The first 500 shoppers who will visit guest services wearing pajamas will receive a free goodie bag filled with Jockey brad pajamas and other prizes.

Baltimore based Ruth’s Chris Steak House, a famous restaurant chain,

gave out its Black Friday deal. Diners on Black Friday and Saturday will receive one free petit filet or New York strip steak for purchasing another entrée in Ruth’s Chris Steak House situated in Annapolis, Baltimore and Pikesville.

Related articles:

freep.com

Baltimore Business Journal