It’s that time of year again: Black Friday. Time to go to bed early so you can rise at 4 a.m. the day after Thanksgiving to get in line at your favorite retailer to take advantage of the hottest sales of the season.
Tell us: Will you brave the stores this Black Friday? What items are you most hoping to get a great deal on?
With the economy still struggling, many people looking for more ways to save money this shopping season than just hitting the stores early. The Budget Fashionista’s Kathryn Finney, for example, offers tips on how to shop for clothes in this economy and re-invent your wardrobe. “One of the things we’ve focused on in the past year is educating people on the concept of value,” Kathryn tells genConnect. “Value is not always the same as cheap. One of the things I always say is ‘we’re too broke to be cheap right now.’”
BlogHer Co-Founder and CEO Lisa Stone told genConnect that frugal blogs are hot right now.
“Any kind of frugal blogging from how to shop your closet, to how to shop Goodwill, to how to go out and find the very best quality for your dollar, how to find the most valuable and quality ingredients in your food or in your clothes are really important,” Stone said.
Retailers are hoping this year’s sales, in the midst of a recession, will give them a boost; Black Friday sales typically provide stores about 20 percent of their annual sales. This year, some stores are opening even earlier; Toys “R” Us will open at 9 p.m. Thanksgiving night, while Macy’s, Kohl’s, Target, Best Buy, Gap and Banana Republic will open at similar times. Most Old Navy stores will be open at midnight.
The sales don’t end on Black Friday. The following Monday, dubbed “Cyber Monday,” will feature many major retailers offering big sales online; Toys “R” us is one store getting a jumpstart on Cyber Monday. Many of stores are also offering great deals online on Black Friday, which may save you the trip to the store.
Deal site LivingSocial offers holiday bargains from national businesses like Verizon Wireless, Electronic Arts Inc. and the sneaker company Sketchers USA Inc., instead of its regular local deals for spas, restaurants and weekend getaways.
For related stories on genConnect:
- Fashionista Kathryn Finney: ‘We Are Too Broke to Be Cheap’ (VIDEO)
- BlogHer CoFounder Lisa Stone: Frugal Blogs Are Hot (VIDEO)
- Ramona Singer Presents Affordable Jewelry Line on HSN (VIDEO)
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