Monday, November 24, 2008

Black Friday

With Black Friday coming up this week, I thought I write a short post on it today. This gives you time to get prepared for the big event. Most retailers are banking on you the shopper coming in and spending as much as possible on gifts. Sadly, I am willing to bet there will be more than a few retailers going out of business this year because of the economic meltdown. But, hopefully this year the malls and all retail outlets will be packed just as full. With all the deals floating around I am sure the retailers hope this happens as well.

As for this frugal guy, I will be a fixture right in front of the television watching my favorite college football team, hopefully WIN. Now back to the subject, Black Friday. A friend of mine showed me a website to help you prepare for this special day, you can go here and plan out which stores you want to hit and who has the best deals, oh the website is Another great website, lists hundreds of pages of deals. Each retailer is fighting for your money and they have the offers to prove it.

There are deals to be made, money to be saved. You just have to search around and find out where they specials are. I know most families are going to spend less this year on gifts. But, with websites such as and others shoppers can still spend less and come away with just as much gifts. A Reuters article reports that “Retailers ring up roughly 10 percent of total holiday sales during the three-day weekend, best known for the deals offered on Black Friday -- named for the days when store chains used to turn a profit for the year.”

Depending on what you are looking for this year, I am sure there is a discount or coupon available for it. This year more than some in recent memory retailers are starting the discounts early. Some started offering lower priced goods a week or 2 in advance of Black Friday. Some are offering discounts as much as 40-50% off right now, and even more on Black Friday and the weeks leading up to Christmas.

If you live by the frugal code and pinch your pennies, then this is the best time for even you to spend a little money. With all the discounts offered this year, those of us with a little extra spending money can come away with some really good bargains. I for one will be doing most of my shopping online, most retailers are offering just as good a deal online as in their brick and mortar stores. And I don’t have to get up before the rooster crows to find such great deals.

I hope this article sheds a little light on the Black Friday Phenomenon. And how special a day this is for the US Retailer some will come out in the black and others will shut their doors forever.,2817,2335163,00.asp

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