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Black Friday

Cyber Monday sales still on top, but losing some luster

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Retailers are rolling out online deals on so-called “Cyber Monday.” But now that shoppers are online all the time anyway, the 10-year-old shopping holiday is losing some of its luster. Still, Monday is expected to be the biggest online shopping day ever, with estimates that it will rack up over $3 billion in sales. “It’s no longer about one day, but a season of digital deals,” said Matthew Shay, president of retail trade group The National Retail Federation. Online shopping…

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JCPenney tops the list of retailers with biggest Black Friday savings

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JCPenney is rated this year’s best retailer for Black Friday according to a study conducted by WalletHub. The average savings on sale items at JCPenney this Black Friday is 68 percent. Costco was listed as having the lowest Black Friday discounts at an average of just 20 percent. The study surveyed 8,000 Black Friday deals from 30 of the nation’s largest retailers. Results found that jewelry is the most heavily discounted item with an average markdown of 73 percent. Computers…

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Buyer beware, not all Black Friday deals are really deals

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Black Friday shopping is a craze because consumers want to save as much money as possible on gifts or other items they’ve waited to purchase on sale. But some items may actually be more expensive on Black Friday. According to an analysis of several popular purchases, more than 17 percent of the items evaluated by WalletHub were actually more expensive for the day after Thanksgiving this year than they are regularly priced. WalletHub lists ten specific items studied where half…

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CFO Jeff Atwater reminds consumers to plan before braving Black Friday crowds

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The days after Thanksgiving have become the top shopping weekend of the year for many retailers and the National Retail Federation expects more than 135 million Americans will shop retail deals over the holiday weekend. While Black Friday deals may be enticing, Florida Chief Financial Officer Jeff Atwater and the Department of Financial Services say shoppers need to make a plan and a budget before braving the crowds. Most financial planners say shoppers should spend no more than 1.5 percent…

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Thanksgiving trumps Black Friday for deals

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Thanksgiving could be the best day to shop all year. An analysis of sales data and store circulars by two research firms contradicts conventional wisdom that Black Friday is when shoppers can get the most and biggest sales of the year. Turns out, shoppers will find more discounted items in stores that are open on Thanksgiving. For example, there are a total of 86 laptops and tablets deeply discounted as door buster deals at Best Buy, Wal-Mart and others on…

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Go away, Christmas, it’s not your turn yet!

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No. No. No and good Lord, no! It’s the middle of September. Halloween is still more than a month away. Thanksgiving is more than two months away. Pumpkin beer has only just hit the shelves and I don’t think Starbucks has started pumpkin-fying everything just yet, even. But nevertheless, a creditcards.com survey shows 18 percent of online shoppers and 14 percent of in-store shoppers have already started their holiday shopping. Translate that nationwide based on census data and that means…

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