4 years ago30 views
With 4th quarter sales playing a critical role in annual profits, many retailers are promoting their holiday specials extra early.
According to the National Retail Federation, 40 percent of people start their holiday shopping before Halloween. And with 4th quarter sales playing a critical role in a retailer’s annual profits, it’s no surprise many are promoting their holiday specials extra early.
On August 21st, Toys R Us issued a press release about expanding their price-match guarantee to online companies like Amazon.com. According to the release, they are “Removing any doubt before holiday shopping begins in earnest that customers are receiving the best available prices.”
Retailers like Walmart are looking to outdo themselves with bigger savings and better offerings than last year, including opening layaway accounts at no charge.
Also, some shoppers will have early opportunities to save big before Black Friday so be sure you’re signed up to receive special offer emails from your favorite retailers.
The National Retail Federation estimated that holiday shoppers spent an average of $750 last year. Budgeting early will help you save so you can pay in cash.
As Mary Hunt, author of “Debt-Proof Your Christmas,” says, “You don't want to have debt to pay off next year.” The amount of your credit card’s interest charges will usually be much more than what you are saving on that great deal now.