Don't expect deep discounts this holiday shopping season
Filed under: Shopping, Black Friday
Think you'll be getting some really great bargains close to Christmas? You may want to think again. Those increasing markdowns we've all become so accustomed to may just not materialize this year. Retailers are carrying less inventory this year so there won't be as much merchandise in stock. Even with a decline in consumer spending, people will shop for gifts. But with stores stocking less, some items may actually sell out.
Inventories have been tight for a while now, but nothing compared with what the retail industry expects this season. The National Retail Federation tracks imports and says volumes are at their lowest levels since 2002.
Imports for October, usually the heaviest month when holiday merchandise arrives, are projected to decline 18% over last year.
This means holding out for big discounts could backfire. Wait too long to buy and you could be out of luck.
For more Black Friday coverage, check out our Black Friday Deals and other Black Friday 2009 news today.
Reader Comments (Page 1 of 1)
9-03-2009 @ 8:59PM
Mike said...
Gottadeal (biggest Black Friday site) posted a big set of BF predictions last week:
http://blackfriday.gottadeal.com
This year's BF is going to be huge!!!
Reply
9-04-2009 @ 10:18AM
phdpamela said...
Oh they will be dropping their prices, if they intend to make ANY sales at all.
Reply
9-11-2009 @ 2:20PM
Francois said...
I agree they will certainly drop there prices. I just brought a pre owned BMW thousands below retail. I only think that happen because luxury items are less neccessary in a recession. Also, I used an auto broker this time to do the deal for me, Pat at http://www.nohassleautosale.com it was simple. All I did is tell him what I wanted and he got down to business. There are so many avenues to save money you just have to be open to using them.
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9-22-2009 @ 3:51AM
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11-20-2009 @ 12:03AM
Heidi said...
Excellent advice!
And I believe that most people will manage by shopping around. That is why we created the Women's Holiday Gift Giving Guide. It is filled with articles and advertising for the holidays. A great resource.
Warmest regards,
Heidi Richards Mooney, Publisher
WE Magazine for Women www.wemagazineforwomen.com
Reply
12-02-2009 @ 2:22AM
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