Shoppers, rejoice! The pressure of finding gifts for loved ones this holiday season is finally over, but there are still plenty of deals to be had.
Retailers saw a rise in sales this holiday season, up 4.9% increase between Nov. 1 and Christmas Eve, versus 3.7% during the same time last year, according to Mastercard Inc.’s
tracking. Analysts cited jobs growth and confidence that the economic recovery will continue into 2018.
But the shopping continues post-holidays as well. Stores especially see an uptick in visits because of gift returns and people shopping with gift cards, said Trae Bodge, a shopping expert at Truetrae.com in Montclair, N.J. Better to use them early, given that an estimated $1 billion in gift cards go unused due to forgetfulness or loss.
Though the sales are ongoing, there are a few items worth holding out for, such as linens (they go on sale in January), and jewelry, which is discounted around Valentine’s Day and Mother’s Day. Sports equipment will also be on sale beginning in January, as people make fitness one of their resolutions for the New Year.
Here’s what to shop for this week:
Move over, Black Friday and Cyber Monday, electronics still on the market are often even more heavily discounted the week after Christmas. Some retailers are selling their electronics with heavy price cuts, such as Dell, which has some laptops selling for more than 20% off (the XPS 15 laptop reduced to $1,800 from $2,300). Shoppers at Best Buy
can save as much as $250 on some televisions, such as a Sony 55” 4K screen and Samsung 65” 4K screen.
Anything that says “Boxing Day”
Traditionally, the day after Christmas is known as Boxing Day (the “holiday” originated in the U.K., when the wealthy would give their servants the day off to spend with their own families). Those sales are extended past Dec. 26, according to InStyle, which made a list of retailers with Boxing Day discounts. Macy’s
will take 50% off clothes from Guess and Levi’s from Dec. 26 to Dec. 28 and there are similar discounts at Lord and Taylor on women’s clothing until Jan. 1.
Need to stock up on clothes for the cold weather? Now is the time to buy, Bodge said, what with deeply discounted deals for outerwear and similar apparel. From now until February, the prices of winter clothes will be slashed, especially as retailers start bringing out spring outfits, according to personal finance site The Balance. Right after the holidays is also right before stores take annual inventory and track what is currently in stock, which means many clothes may end up on clearance.