After Christmas Sales At Walmart
December 26, 2011 by staff
After Christmas Sales At Walmart, Treadmills are on the move. Even toys (yes, more of them) are flying off shelves. Whatever merchandise didn’t move from retailers’ stores over the holiday shopping season will be sure to get price-slashed Monday when the aftermath of a retail bonanza begins.
“There will be a lot of stuff that retailers will want to unload,” said Max Levitte, chief executive and founder of Cheapism, which helps consumers find the best buys. “Everybody is so desperate to sell everything and to enjoy the little cash that people have to spend.”
Cash, credit, gift cards — shoppers are expected to be out in force Monday using all of those to snatch up merchandise and contribute to what experts predict will be chaos.
Why? For one thing, the day after Christmas falls on a Monday. Most workers will get a paid day off to observe the holiday. And what else is there to do on a Monday but shop?
ShopperTrak, in fact, is predicting traffic could rise as much as 60% compared to last year. And so will sales.
The day after Christmas typically is the second-highest revenue day for retailers, with as much as $8 billion being spent on that one day, according to ShopperTrak. The week that follows, from Tuesday to Jan. 1, accounts for more than 15% of holiday spending.
So if you are doing a little shopping and want to get the best deals, here are tips we learned from the retail experts:
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