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5 products NOT to buy on Black Friday

Black Friday this year could feel a little more casual than last year, when shoppers were mostly at home and making their purchases. Online.

Nearly 2 million more people are expected to shop during the holiday season from Thanksgiving Day to Cyber ​​Monday. And about 64% of Americans plan to shop at brick-and-mortar stores on Black Friday this year, compared with 51% last year, according to a joint report by the National Retail Federation, a trade group, and Prosper Insights & Analytics published. , a retail analytics company.

But many Americans Started shopping for the earliest holiday gifts like Halloween – heed retailers’ warnings that supply chain issues could lead to shortages of popular toys, tech gadgets and other goods made abroad.

In fact, about 28% completed all their holiday shopping by early November, according to the joint report, based on survey of more than 7,800 adults in the United States.

Inflation – at a 31-year record high with prices of goods and services up 6.2% since last year – also sets this year’s Black Friday apart from recent years. But that could benefit consumers, said Diana Smith, retail analyst at Mintel.

“It’s even more important for retailers to offer deals this year as inflation can make consumers more confused about how they shop,” she told MarketWatch.

“But what is likely to happen is that these discounts will be offered when supply is low,” said Kristin McGrath, editor of The Real Deal at RetailMeNot. “Consumers will be attracted to lower prices, but may not be able to afford that particular item.”

Like last year, Black Friday “is no longer a ‘day’ – it’s an ‘event’ that lasts for a month or so,” Smith said, adding that retailers have begun advertising it was purportedly earlier this year “to encourage earlier purchases because of inventory shortages and delays. ”

Whether you’re looking to get all your holiday shopping done before Cyber ​​Monday or are trying to treat yourself to something, it’s important to note that you may not actually be get a great deal or even not.

Here are five products you shouldn’t buy during Black Friday sales events

Clothes

According to Regina Conway, who researches sales and promotions for Slickdeals, based on the Black Friday deals already on offer, the apparel discounts “are comparable to what we’ve seen over the years. “, a website that tracks retail discounts. “But it’s possible that the starting dollar amount on those items could have gone up a bit.”

“That said, stores are using this time to try to free up some of their existing inventory to make room for upcoming seasons, so we could see more of an impact in the future. the coming months.”

PS5’s and Xbox Series X’s

When it comes to PS5
SONY,
+ 0.06%

and Xbox Series X
MSFT,
+ 0.54%

The “deal” console and gaming system is simply accessible one for retail,” Conway said. PS5 sells for $499.99 at BestBuy
BBY,
+ 0.38%

and Walmart
WMT,
-0.54%

but was out of stock at both stores on Friday.

They have been especially hard to come by throughout the year because of ongoing microchip shortages and overarching supply chain issues. There are even a website lists when stores are scheduled to replenish their supplies.

However, consumers can get a $10 discount on certain Nintendo Switch Lite colors
7974,
-0.96%

McGrath said. They sell for around $199.99 at retailers like Target TGT and GameStop GME.

All in all, consoles won’t have any hot sales this year, so don’t make them your focus, unless you just need to find one in stock. ‘ said McGrath.

Exercise tools

If you have your eye on a new set of dumbbells or even a Peloton
PTON,
-2.60%
,
You should wait until close to the new year, says Conway. That’s when “brands rely on people’s determination to get in shape or improve their health” and offer bigger discounts, she added.

Television

While it can be tempting to buy a new TV on Black Friday, McGrath says, it can be tempting, especially when retailers are flaunting deals that seem “too good to be true” – but often there are a difficult point. Typically, TV models sold on Black Friday are outdated models and will need to be replaced or repaired over the next few years.

But around the Super Bowl, you’ll have a better chance of getting a newer, higher-quality model.

Furniture

“Unless you absolutely need to replace the table, bed, or dining table in your room, there’s no reason why you should necessarily shop for furniture on Black Friday and redirect your attention,” McGrath told MarketWatch. you into smarter shopping actions.

“In fact, you’ll have another chance to save big on Presidents Day in February.”

https://www.marketwatch.com/story/what-not-to-buy-during-black-friday-sales-events-11637363016?rss=1&siteid=rss 5 products NOT to buy on Black Friday

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