I have never gotten the appeal of Black Friday shopping. Sure, I know some people like to do it as a social activity with friends and family, but it's just not for me. I did it once and decided I'd never do it again. Too many people, too much traffic, couldn't find what I wanted, and most of the sales didn't even seem that good! Not to mention I am NOT waking up before the sun rises to stand in a line to give someone my money. Nope.
Anyway, there was a study done that proved Black Friday "deals" aren't all that great!
According to a new study of this year's Black Friday ads, there are a lot of reruns from last year's Black Friday ads . . . and some of them are back at higher prices!
The study found that 18% of the deals that major chains are advertising this year are the same products they advertised last year.
The five chains with the most recycled products are: Harbor Freight, Office Depot and OfficeMax, Ace Hardware, Sears, and JCPenney.
The five with the fewest are: Costco, Fred Meyer, Dell, Lenovo, and Best Buy
As for the price differences, here are a few examples: The repeats at True Value are listed for an average of 8.5% more than they were in 2018. The ones at Office Depot are 7.3% higher. At Staples, they're 6% higher.
On the other side of things, Costco's repeats are 14.4% cheaper than last year. Best Buy's are 8.7% cheaper, and Dell's are 5.6% less.
So if stores are wondering why people prefer to shop online instead of wade through the crowds on Black Friday...maybe THIS has something to do with it!
Do you enjoy Black Friday shopping? Or do you prefer to stay at home and eat your leftovers (like me!)?