Willis Report: Black Friday deals - New York News

Willis Report: Black Friday deals

Posted: Updated:

Black Friday beckons shoppers to malls all over the country with the promise of good deals. Last year, day-after Thanksgiving sales totaled $59.1 million and this year 55 percent of us are expected to shop on Black Friday. But getting good deals is more art than science.

In truth, some of the so-called deals aren't all they are hyped up to be. In fact, Black Friday may benefit retailers more than it helps consumers. After all, that's where Black Friday gets its name. It marks the first day of the year that some retailers actually stop operating in the red, and begin to make a profit. The good news is this: Because forecasts for the season show consumers may be stingier this year, spending 2 percent less than 2012, retailers are likely to be more aggressive with markdowns.
                
So what should you put on your shopping list and what should you leave off? According to the folks at dealnews.com, there are three things you will want to avoid buying on Black Friday.  First off, toys are typically better bought closer to Christmas. No doubt you might get some kind of discount on Black Friday, but ask yourself how you will feel if you buy now and see a lower price later.

Likewise, stay away from the brand-name high definition televisions.  Other sets are typically discounted at this time of the year, but not the brand name ones. You'll have to wait until after Christmas to get the best deals.

And finally, hands off the Christmas decorations (for now at least). You're probably not shopping on Black Friday to snag decorations, but it's all too common to add them to your shopping basket. Hold off on the impulse buys and wait until closer to the holiday (or even after) to get that Musical Charlie Brown Christmas tree.
                
To get the real deals, the biggest markdowns will go to the most creative. Demand for wedding dresses nearly disappears at Christmas, so the markdowns are the biggest. Likewise, most of us aren't shopping for apparel or shoes . Apparel, especially high-end apparel, is heavily discounted at luxury retailers on Black Friday. Last year, Nike, Puma and Rockport had sitewide sales of up to 50 percent off. For the techies in the crowd, watch for Microsoft Surface tablets – the first generation – to be marked down.
                
Good luck, and remember, the best deals will go to those with the most patience.

Interact with Gerri on Twitter @GerriWillisFBN and Facebook for more information, or to voice your concerns and questions.



  • Good Day ArchiveMore>>

  • Recipe: Blissful Lowcountry Boil

    Recipe: Blissful Lowcountry Boil

    Friday, April 18 2014 6:05 PM EDT2014-04-18 22:05:26 GMT
    Blissful Lowcountry Boil Ingredients
    Blissful Lowcountry Boil Ingredients 4qts Water ½ cup Old Bay ½ cup Lemon Juice 1tbsp kosher salt 2 sliced shallots 8 garlic cloves 1lb Andouille sausage 1lb of New Potatoes 6 ears of corn shucked and
  • Pike Nurseries

    Spring Container Gardens

    Spring Container Gardens

    Friday, April 18 2014 10:21 AM EDT2014-04-18 14:21:54 GMT
    Container gardens are just as unique and diverse as gardens.
    Container gardens are just as unique and diverse as gardens.
  • Improve your commute with the "One Bus Away" app

    Improve your commute with the "One Bus Away" app

    Thursday, April 17 2014 9:03 AM EDT2014-04-17 13:03:23 GMT
    Don't you hate when you're waiting for mass transit and have no idea when that train or bus will show up? Now, there's an app for that and it's saving people time and money.
    Don't you hate when you're waiting for mass transit and have no idea when that train or bus will show up? Now, there's an app for that and it's saving people time and money.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices