Is Now the Time to Snag Holiday Deals?
You could get up before the crack of dawn, stand in long lines and brave the crowds to score deals on Black Friday, the big shopping day after Thanksgiving. Or you could actually relax and enjoy the long weekend, knowing that you already bought all of your gifts on sale.
Which one you choose depends on how much you want to get a deal or the BEST deal.
Several stores and online retailers are having early holiday sales starting this weekend. There will be some great deals, says Dan de Grandpre, editor in chief of Dealnews.com. Sales on toys and clothing will be particularly good because prices won't fall much more three weeks from now on Black Friday. For electronics, though, it's better to wait until Black Friday (and later) to get really deep discounts, he says. But he says ask yourself whether it's worth waiting -- and dealing with the Black Friday crowds -- if you can get a good price now on what you need.
Here are some of the bigger sales happening this weekend. Be sure to check with your favorite retailers to see if they're marking down prices early.
Amazon.com already is offering daily deals as part of its Countdown to Black Friday promotion. You don't even have to leave the comfort of your home to shop this sale or the Black November 24-hour sale every Friday at online electronics retailer Newegg.com.
Toys R Us will mark down prices 30% to 50% online and in stores for its two-day sale starting November 5 at 3 p.m. to midnight and November 6 from 8 a.m. to 1 p.m.
Best Buy is having a Shop Early sale in stores November 5 and 6. However, de Grandpre expects Best Buy to cut prices even more on Black Friday.
JCPenney is marking down women's and kids' clothing up to 70% online and in stores November 5 and 6. Other items will be discounted up to 50% to 60%.
Walmart kicks off the holiday shopping season early with a sale November 6 and 7 on HDTVs, laptops and video games. Discounted electronics will be in stores and online at Walmart.com.
Target is having a sale on toys (up to 50% off) until November 24 and weekly online-only deals. Starting November 21, Target will have a four-day sale on more than 170 items, including electronics and toys; and it will have an online-only sale on Thanksgiving Day.
Skip the sales at Kmart and Sears because the discounts aren't deep enough, de Grandpre says.