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Nov 28, 2008 5:24 pm US/Central
Better Shopping Deals May Come After Black Friday
DALLAS (CBS 11 News) ―
We've all heard about the good deals on Black Friday, but is this the best weekend to hit the malls for bargains? There are some great buys to be found right now, but according to CBS News not all of the good bargains are this weekend.
The malls are packed. Shoppers are looking for their holiday packages. But according to a study by Deloitte, Texans are spending $700 less this year on gifts than they did last year.
Gift cards top the list, followed by apparel, and then electronics and toys. But some shoppers are waiting to make their purchases.
"I think the retailers are cutting prices once they see the numbers from Black Friday," shopper Roy Barnhart suggested.
Shopper Peter Barrett so far isn't impressed by the sales offerings. "A lot of stores seem to be priced the same and don't offer any discounts. It depends on what store you're shopping at."
Here's what some experts recommend:
For low-end and no-name electronics: shop Black Friday weekend.
For brand-name electronics: wait a while. If Black Friday sales aren't great, deeper discounts should appear on December 10.
For toys: shop December 4th, three weeks before Christmas. That's when stores and manufacturers will see what's selling and what's not.
For clothes: Fridays are best. Try to shop on December 5, 12 and 19.
For housewares: Saturday evening. Just in time for Sunday circulars.
Click here to check out the story from Early Show Saturday Edition co-anchor Erica Hill and Early Show contributor and financial journalist Vera Gibbons.
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