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26 November 2024

Black Friday Sales Heat Up As Shoppers Prepare To Cash In

Retailers extend sales amid changing Thanksgiving calendar and consumer caution

It’s almost here, the day every bargain hunter circles on their calendar with bold red ink—Black Friday! Just the sound of it brings excitement and anticipation for incredible sales and discounts on everything from electronics to clothes. This year, as November 29 approaches, American shoppers are gearing up for what experts predict could be another record-breaking shopping spree.

Major retailers are already unleashing their specials, but with Thanksgiving falling later this month, there’s been quite the shift. Traditionally, Black Friday marks the start of the holiday shopping season. But many stores have begun extending their deals, making it less of one grand event and more of a drawn-out extravaganza. After all, who doesn’t love to save money?

According to Consumer World founder Edgar Dworsky, “Retailers have taken the fun out of the mad frenzy,” shifting from traditional store openings at dawn to flexible schedules to entice shoppers. With various sales stretching over several days, many consumers feel as if they need to do their research more than ever to snag the best deals. “Knowing when is the right time to snatch the best deal is now almost impossible,” Dworsky explained.

While excitement for discounts is palpable, it’s also important to proceed with caution, especially this year. Experts like New York Secretary of State Walter T. Mosley alert shoppers to stay vigilant. With widespread online shopping, scams can abound. “The holidays are one of the busiest times of the year for both shoppers and scammers,” he stated. So how do consumers maximize their Black Friday bang? Experts suggest keeping track of prices and timing.

Market trends indicate consumers are still enthusiastic about Black Friday sales. Businesses are increasingly highlighting price cut simulations to attract customers. For example, companies like Walmart and Amazon have already started their promotional deals even before the actual day arrives. Walmart's ‘Black Friday Deals’ kicked off on November 25, drawing customers before the official holiday.

Speaking of Walmart, one clever strategy this year involves utilizing pricing tools. These tools allow shoppers to understand if the advertised discounts are genuine by comparing current prices to historical prices. Apps like PriceGrabber and CamelCamelCamel can assist savvy shoppers in deciding whether to finalize their purchases. Consumers are encouraged to make price comparisons to outsmart retailers, many of which have been called out recently for misleading pricing strategies.

From electronics to outdoor gear, discounts are front and center. For cycling enthusiasts, they’re also getting significant deals during this promotional period. Black Friday, coupled with Cyber Monday on December 2, has retailers like Evans Cycles and Decathlon slashing prices up to 70%. Such markdowns likely stem from overstocking during previous months, making this potentially one of the best years for shoppers wanting to grab great biking gadgets and apparel.

For those aiming to maximize savings, Consumer World suggests adopting the 'Triple Play' approach—buying items at discounted prices, using coupons, and finding cash-back options. Retailers like Kohl's are noted for this strategy, but others like Target and Best Buy are also on the list, enhancing the excitement surrounding the day.

But be warned—while it’s easy to get lost amid the sea of savings, don’t forget to validate product quality. “A terrible item with a low price is no bargain,” Dworsky warns, underlining the importance of researching products before purchasing. Websites like Consumer Reports and Wirecutter have proven to be invaluable resources for potential buyers seeking the cream of the crop.

Also, shoppers should keep their credit cards close, but not too close. Using cards with purchase protection can safeguard against unscrupulous sellers. Shoppers are reminded to review their card benefits, as some companies even offer price matching. It’s just another layer of protection when darting through the Black Friday chaos.

Perhaps one of the most thrilling parts of Black Friday shopping is knowing exactly what you’re hunting for. Prolific ads serve to fuel the frenzy, so consumers are advised to keep their eyes peeled for circulars and online newsletters promoting sales. Sometimes, the best deals are the ones hidden within the fold, waiting to be discovered. Timing is everything when it pertains to sales. It’s best to formulate strategies now so when the big day arrives, shoppers leap out of the gate, ready for action.

With Black Friday right around the corner, the consensus among experts is clear: Prepare, research, and stay vigilant, whether shopping at crowded store aisles or cozying up at home behind computer screens. Retailers are ready, and so are Americans eager to take part. Let the hunt begin!

Now, whether you’re scoring discounts on tech gadgets, finding the perfect outfit, or hunting for mountain biking gear, the spirit of Black Friday lives on. Enjoy the thrill, the potential savings, and the rush of snagging items at unbeatable prices!

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