Will Internet Retailers Put a Dent in Black Friday?

Experts suggest the Black Friday midnight sales frenzy pushed by retailers (NYSE:XRT) such as Wal-Mart Stores Inc. (NYSE:WMT), Macy’s Inc. (NYSE:M), Target Corporation (NYSE:TGT), and Kohl’s Corporation (NYSE:KSS) is nothing more than hype.

Online sellers including Amazon (NASDAQ:AMZN) and BestBuy.com (NYSE:BBY) are coming in with thrifty free shipping offers that may cut into the big numbers brick-and-mortar retailers hope to post, which might also be responsible for the sense of threat big retailers feel.

“Stores seem to be just pushing the early envelope to create an urgency, hoping people will buy early before realizing they’ve spent too much,” notes one insider.

  • Wal-Mart Stores Inc. (NYSE:WMT): The shares recently traded at $57.42, up $0.56, or 0.98%. Its market capitalization is $197.91 billion. They have traded in a 52-week range of $48.31 to $57.96. Volume today was 9,045,692 shares versus a 3-month average volume of 14,867,200 shares. The company’s trailing P/E is 12.22, while trailing earnings are $4.70 per share. The company pays a dividend of $1.46 per share for a dividend yield of 2.60%. About the company: Wal-Mart Stores, Inc. operates discount stores, supercenters, and neighborhood markets. The Company’s discount stores and supercenters offer merchandise such as apparel, housewares, small appliances, electronics, and hardware. Walmart’s markets offer a full-line supermarket and a limited assortment of general merchandise. The Company operates nationally and internationally. Get the most recent company news and stock data here >>
  • Macy’s, Inc. (NYSE:M): The shares recently traded at $31.44, up $1.02, or 3.35%. Its market capitalization is $13.43 billion. They have traded in a 52-week range of $21.69 to $32.35. Volume today was 11,832,539 shares versus a 3-month average volume of 9,928,660 shares. The company’s trailing P/E is 12.92, while trailing earnings are $2.43 per share. The company pays a dividend of $0.40 per share for a dividend yield of 1.30%. About the company: Macy’s, Inc. operates department stores in the United States. The Company also operates direct mail catalog and electronic commerce subsidiaries. Macy’s retail stores sell a wide range of merchandise, including men’s, women’s and children’s apparel and accessories, cosmetics, home furnishings and other consumer goods. Get the most recent company news and stock data here >>
  • Target Corp. (NYSE:TGT): The shares recently traded at $52.24, down $0.68, or 1.28%. Its market capitalization is $35.27 billion. They have traded in a 52-week range of $45.28 to $60.97. Volume today was 9,258,077 shares versus a 3-month average volume of 7,767,580 shares. The company’s trailing P/E is 12.41, while trailing earnings are $4.21 per share. The company pays a dividend of $1.20 per share for a dividend yield of 2.30%. About the company: Target Corporation operates general merchandise discount stores in the United States. The Company’s merchandising operations include general merchandise and food discount stores and a fully integrated online business. Target also offers credit to qualified applicants through its branded proprietary credit cards. Get the most recent company news and stock data here >>
  • Kohl’s Corp. (NYSE:KSS): The shares recently traded at $55.77, up $1.27, or 2.33%. Its market capitalization is $15.03 billion. They have traded in a 52-week range of $42.14 to $58.00. Volume today was 6,165,203 shares versus a 3-month average volume of 5,350,680 shares. The company’s trailing P/E is 14.05, while trailing earnings are $3.97 per share. The company pays a dividend of $1.00 per share for a dividend yield of 1.90%. About the company: Kohl’s Corporation operates a chain of family-oriented department stores. The Company’s stores feature apparel, footwear and accessories for women, men and children; soft home products such as sheets and pillows; and housewares targeted to middle income customers. Kohl’s also offers online shopping as well as offers store credit cards. Get the most recent company news and stock data here >>
  • Amazon.com Inc. (NASDAQ:AMZN): The shares recently traded at $218.29, up $2.67, or 1.24%. Its market capitalization is $99.27 billion. They have traded in a 52-week range of $156.77 to $246.71. Volume today was 5,218,375 shares versus a 3-month average volume of 7,073,890 shares. The company’s trailing P/E is 115.07, while trailing earnings are $1.90 per share. About the company: Amazon.com, Inc. is an online retailer that offers a wide range of products. The Company’s products include books, music, videotapes, computers, electronics, home and garden, and numerous other products. Amazon offers personalized shopping services, Web-based credit card payment, and direct shipping to customers. Get the most recent company news and stock data here >>
  • Best Buy Co. Inc. (NYSE:BBY): The shares recently traded at $27.00, up $0.41, or 1.54%. Its market capitalization is $9.78 billion. They have traded in a 52-week range of $21.79 to $45.63. Volume today was 5,145,986 shares versus a 3-month average volume of 7,288,440 shares. The company’s trailing P/E is 9.03, while trailing earnings are $2.99 per share. The company pays a dividend of $0.64 per share for a dividend yield of 2.50%. About the company: Best Buy Co., Inc. retails consumer electronics, home office products, entertainment software, appliances and related services through its retail stores, as well as its web site. The Company also retails pre-recorded home entertainment products through retail stores. Get the most recent company news and stock data here >>