Prepping For Black Friday - Fox 2 News Headlines

The Willis Report

Prepping For Black Friday

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. 

  • PoliticsMore>>

  • cEU Imposes New Sanctions Against Russian Officials

    cEU Imposes New Sanctions Against Russian Officials

    Tuesday, July 22 2014 1:28 PM EDT2014-07-22 17:28:55 GMT
    The European Union agreed Tuesday to impose new sanctions against officials deemed responsible for Russia's actions in Ukraine, amid mounting international anger after a Malaysia Airlines plane was shot down over rebel-held territory.
    The European Union agreed Tuesday to impose new sanctions against officials deemed responsible for Russia's actions in Ukraine, amid mounting international anger after a Malaysia Airlines plane was shot down over rebel-held territory.
  • Congressman Adam Schiff: These Are Tough Situations To Deal With

    Congressman Adam Schiff: These Are Tough Situations To Deal With

    Monday, July 21 2014 10:40 AM EDT2014-07-21 14:40:38 GMT
    Pick a spot on the globe and there seems to be a crisis the United States is dealing with.Joining us to discuss the situations in the Middle East and the Ukraine was Congressman Adam Schiff.
    Pick a spot on the globe and there seems to be a crisis the United States is dealing with.Joining us to discuss the situations in the Middle East and the Ukraine was Congressman Adam Schiff.
  • Israeli Shells Hit Hospital In Gaza, Official Says

    Israeli Shells Hit Hospital In Gaza, Official Says

    Monday, July 21 2014 10:32 AM EDT2014-07-21 14:32:23 GMT
    Israeli tank shells struck a hospital in the Gaza Strip on Monday, killing four people and wounding 60, Palestinian officials said, as Israel's defense minister vowed to press on with the war against Hamas "as long as necessary."
    Israeli tank shells struck a hospital in the Gaza Strip on Monday, killing four people and wounding 60, Palestinian officials said, as Israel's defense minister vowed to press on with the war against Hamas "as long as necessary."
Powered by WorldNow

WJBK-TV | Fox 2
16550 West Nine Mile Rd.
Southfield, MI 48075

Main Station: (248) 557-2000
Newsroom: (248) 552-5103

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