Best and Worst Buys of July
Surely you've seen retailers advertise "Christmas in July" sales. Now stores are labeling those sales as "Black Friday in July." However, dealnews.com warns that these sales rarely offer the deep discounts you can expect on the real Black Friday, the day after Thanksgiving. You'll also see many retailers advertising 4th of July sales. The markdowns won't be that great, though, according to dealnews.com (see what to expect).
However, you will see big discounts on a few items this month. Here’s what you can expect to find on sale in July -- and what you should wait a little longer to buy, according to dealnews.com, which analyzes deals from past years to predict what will be discounted this year.
What's on sale this month ...
Tools. Hopefully you didn't load Dad up with tools for Father's Day (as we warned you not to do) because July is one of the best months of the year for high-end tool deals (discounts also are deep in November and December). Expect to see sales on tool sets, accessories and storage units.
Sandals. You'll see sizable discounts on summer footwear later this month, especially on brands such as Crocs, Teva, Steve Madden and Polo Ralph Lauren.
Digital SLR cameras. Even though the best deals on these cameras tend to be in November and December, dealnews.com has seen prices on DSLRs at all-time lows lately.
Wait a little longer to buy ...
Grills and patio sets. Yes, it's tempting to outfit your outdoor living space with a new grill or patio furniture in the summer when you'll be spending time in your backyard. But to get a deal on these items, you're better off waiting until the end of the season (which isn't such a bad idea because it likely will be cooler and more bearable outdoors). Grills are marked down significantly in August. And patio and garden items hit their lowest prices in October.
Sunglasses. Stick with the shades you have until September (or November and December), which is when the best storewide sales from retailers such as Sunglass Hut appear.