WalletHub Analyst Jill Gonzales said with sales starting earlier now it’s more like Black November instead of the traditional Black Friday. But if you’re venturing out tomorrow WalletHub looked at all of the Black Friday deals at the top 20 US retailers and the top four for the best bargains are….
“Macy’s ranked number one, an average discount of 59% off, followed by JC Penney 58%, Belk 57%, and Kohl’s right below 50%,” said Gonzales.
Gonzales said the average discount is 32% so if you’re not getting a deal you might want to shop somewhere else.
The pandemic caused online shopping to soar, and Gonzales said the trend continues. If you feel safer staying at home versus joining the masses on Black Friday, she said you shouldn’t miss out on too many bargains.
“There’s really not too many deals that you couldn’t find in stores. There are some doorbusters, especially on things like TVs and electronics. But other than that, you’re really not missing out on as much just shopping at home,” at Gonzales.
Gonzales said however we are still feeling the effects of the pandemic this holiday season with labor shortages, supply chain issues, and pent-up demand to purchase goods.
“The good news is that we expect a lot of economic boosts to occur, a lot of spending to be happening but sad as it is you might have to be waiting a little bit longer for those gifts this year,” said Gonzales.
According to WalletHub’s 2021 Coronavirus and Holiday Shopping Survey, one in four are foregoing gifts this year.
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