Retailers Wage War and Customers Save Big
If you are waiting with baited breath for Black Friday, then you will be glad to know that the wait is over. Even though it’s more than two months until Christmas and more than a month until the official Black Friday, prices are already falling, according to an article posted on the CNBC website. Here is a quote from that article:
Janney Capital Markets analyst Adrienne Yih-Tennant said in a note to investors on Wednesday that last weekend was the most promotional to date in the third quarter, with many apparel retailers offering deeper discounts than one year ago. Also Wednesday, Target announced it will for the first time offer free shipping on all orders from its website through Dec. 20, as it attempts to better compete with online behemoth Amazon.
And just last week, Wal-Mart CEO Doug McMillon pledged the big-box retailer “will be the price leader, across a broad assortment, everywhere we operate.”
So do these falling prices mean that the hungry hordes of bargain hunting shoppers are going to be less than they usually are on Black Friday? Probably not. There are still going to be lots of great deals on Black Friday and Cyber Monday that aren’t out there yet. But if you would rather not have to deal with the crowds, you can find some reduced prices right now. The falling prices and the competition among the big retailers, online and offline, can only give you the best chance of getting the deals and saving money on your holiday shopping.
Get some more information about the falling prices at the article on the CNBC website. See what you can do to help you save your money on your holiday shopping. With the current economy and the job market, we can all use a little help with saving money. The good news is that a lot of retailers are doing their best to help us save money and give us savings long before Black Friday comes and even before our kids go our trick or treating for Halloween.
Looks like Christmas is coming early this year and consumers can certainly cash in.
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About Sharon H. Sharon is in her 40s and she has been writing for the Internet since August of 2007. She also is working on a children's book series for ages 5 to 8. One of her favorite topics to write about is personal finance and investing, since she loves helping people to save money.