Willis Report: Black Friday deals - DC News FOX 5 DC WTTG

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>>

  • Back to School Jamboree with Hosea Feed The Hungry

    Back to School Jamboree with Hosea Feed The Hungry

    Hosea Feed the Hungry will host their annual Back to School Jamboree on Sunday, July 13, 2014 from 10:00 a.m. until 3:00 p.m. at Turner Field. Children will receive a backpack filled with school supplies.

    Hosea Feed the Hungry will host their annual Back to School Jamboree on Sunday, July 13, 2014 from 10:00 a.m. until 3:00 p.m. at Turner Field. Children will receive a backpack filled with school supplies.

  • Disabled teen uses wakeboarding for therapy

    Disabled teen uses wakeboarding for therapy

    Thursday, July 31 2014 7:25 PM EDT2014-07-31 23:25:49 GMT
    It’s the final week at Youth Water Sports Camp in Cartersville and one out-of-town camper is making quite a splash!
    It’s the final week at Youth Water Sports Camp in Cartersville and one out-of-town camper is making quite a splash!
  • Taco Thursday with Buck

    Taqueria Tsunami in Marietta on Square- Asian Latino Fusion

    Taqueria Tsunami in Marietta on Square- Asian Latino Fusion

    Thursday, July 31 2014 9:41 AM EDT2014-07-31 13:41:09 GMT
    What do you get when you combine the flavors from the Far East with the flavors from South of the Border? You get Taqueria Tsunami, a Latin-Asian fusion restaurant on the Marietta Square which just happens to be this week's stop on 'Taco Thursday...With Buck'.
    What do you get when you combine the flavors from the Far East with the flavors from South of the Border? You get Taqueria Tsunami, a Latin-Asian fusion restaurant on the Marietta Square which just happens to be this week's stop on 'Taco Thursday...With Buck'.
Powered by WorldNow

WTTG FOX 5 & myfoxdc
5151 Wisconsin Ave. NW
Washington, DC 20016
Main Number: (202) 244-5151
Newsroom: (202) 895-3000
fox5tips@wttg.com

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