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Business

These are the shops to trade or jump on Black Friday: Study




Evie Fordham | Politics and Health Care Reporter

Customers love Black Friday because they can save money and get an early start at Christmas store – but not all Black Friday deals are created alike.

The average trademark of popular stores ranges from less than 20 percent to almost 70 percent, according to a WalletHub survey published Friday, and details of which stores want the biggest Black Friday discounts.

WalletHub examined 7,000 Black Friday offers offered at 35 popular retailers, including BJ, Stein Mart and Best Buy for investigation.

The best places to shop for deep discounts are Belk, JCPenney, Stage and Kohl, which all offer average discounts of 60 to 70 percent according to WalletHub. Also on top of WalletHub's index were New York & Company, Payless Shoe Source and Dick's Sporting Goods, all of which had average discounts that swam around 50 percent. (RELATED: These are the craziest offers cities and states attracted to Amazon HQ2)

Shoppers looking for clothes and accessories, this black Friday's happiness: Retail like sweaters, slacks and shoes get the deepest discounts according to the survey. Some of the best places to shop for clothes and accessories this black Friday is Meijer, which offers average discounts of 64 percent; JCPenney, which offers average discounts of 63 percent; and Belk, which offers average discounts of 62 percent.

  A view of guests who buy the Jetblack Holiday Marketplace Event at Cadillac House on November 13, 2018 in New York City. Brian Ach / Getty Images for Jetblack

A view of guests who buy the Jetblack Holiday Marketplace Event at Cadillac House on November 13, 2018 in New York City. Brian Ach / Getty Images for Jetblack

The survey recommended Lenovo and JCPenney for computers and phones, JCPenney and Shopko for furniture and Sears, Stage and Kohl for jewelry.

In terms of holiday gifts for the little WalletHub, Stage and Belk said the best deals on toys, while Best Buy and Walmart had the best deals on video games.

WalletHub found average discounts on Walmart and Target were lower than many others: 30 percent and 35 percent respectively. But the discounts were not as low as other popular retailers like Big Lots, Sam's Club and Ace Hardware, whose discounts were over 20 percent.

WalletHub's index is a useful tool for planning Black Friday shopping, but if customers are looking for a Specific Item, they should be sure to check if specific retailers offer offers.

Retailers have been looking for the holiday season since September or earlier by hiring additional workers. US consumers are expected to spend between $ 717 billion and $ 720 billion in peak season, an increase of more than 4 percent from 2017, according to the National Retail Federation.

It is compared to the estimated $ 9 billion US consumers used to celebrate Halloween and estimated 18 billion dollars they spent at Easter in 2018, according to the National Retail Federation.

Follow Evie on Twitter @eviefordham.

tips for evie@dailycallnewsfoundation.org.

Content created by the Daily Caller News Foundation is available free of cost to a qualified news publisher that can provide a large audience. For licensing of our original content, please contact licenseing@dailycallernewsfoundation.org.



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