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Oct 30, 2009 10:44 am US/Eastern
Cash In On "Black Friday" Savings Early
Tense Retailers Offer Deep Discounts Almost A Month Before The Traditional "Busiest Shopping Day of the Year."
(CBS4)
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Sears is offering deep discounts starting today.
AP
Despite the latest news that the economy is continuing to show signs of recovery, retailers are still worried the holiday shopping season may be quite weak. For consumers, it means large sales are likely from major stores. For retailers, it means the competition for each and every customer will be even more intense.
As early as this week, shoppers have been able to cash in on deep discounts normally postponed until the day after Thanksgiving, also known as Black Friday. After the 2008 holiday season saw the biggest sales decline in several decades, retailers are hoping that the early sales will boost consumer spending.
Wal-Mart has already stocked its shelves with over 100 toys for under $10 in an effort get a jump start on the competition for holiday shopping revenue. Here are some of the $10 toy options available:
- Transformers 2 Deluxe Action Figures
- Barbie Cut and Style Rapunze
- Games such as Connect 4, Battleship, Monopoly, Trouble
- Vtech Explore and Learn Helicopter
- Tonka Light and Sound assortment (firetruck, dumptruck, etc.)
- Hot Wheels Trick Track
Click Here for a complete list of toys for $10 at Wal-Mart
Sears announced that they too will try to cash in on a piece of the early holiday shopping pie by offering "doorbusters" each week until Christmas. The first sale Starts Friday, October, 30 at 5 p.m. and runs through Saturday at noon. After this weekend, Sears will offer "doorbuster" deals every Saturday morning through Christmas, online and in stores.
Here is an example of some of the "doorbuster" deals at Sears:
- $79.99 (reg. $259.99) 3/8 court diamond stud earrings
- 50% off all DieHard workboots (reg. $75.00)
- $19.99 (reg. $39.99) on all Covington low-shaft boots
- $399.99 closeout (reg. $699.99) ProForma XP elliptical 16-in stride length.
Click Here for more information on the Sears doorbuster sales
Other strides have been made by retailers in an effort to boost holiday spending. For the first time ever K-Mart has introduced online layaway, offering consumers a new way to shop in time for the holidays.
Click Here for more information on K-Mart online layaway.
This year Black Friday falls on November 27, but with early sales like these in conjunction with increased internet shopping, everyone may see shorter lines and lighter crowds this year.
(© MMIX, CBS Broadcasting Inc. All Rights Reserved.)
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