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Stores push deals in bid to lure holiday shoppers

By Rajiv MenonChina
1 min read
china retail discount
china retail discount
In this article (4)

Nearly 156 million people — or 66 percent of Americans — plan to or are considering taking advantage of Saturday sales to complete their holiday gift lists, according to a survey released Friday by the National Retail Federation and Prosper Insights & Analytics. The survey found that more people said they planned to shop on Saturday than those who aimed to shop over Thanksgiving weekend in an earlier survey.

Still, given the quirk in the calendar that makes this weekend the last full weekend before Christmas, retailers including Best Buy, Gap and J.C. Penney, have set an earlier deadline to order holiday gifts this year, according to StellaService, which tracks online services at retailers. Wal-Mart, along with others, is encouraging online shoppers to pick up their merchandise at the store.

Target will be offering last-minute shoppers deals that are good only for a day on certain in-demand products like children’s sleepwear and fragrance sets.

Still, plenty of shoppers plan to take their time.

Christine Bunker Tobia of Queens says she mostly shops at Macy’s but likes to wait to get the best deals. She’s been stopping by Macy’s New York Herald Square store often to check the prices.

“I’m looking for a special sale,” she said last weekend. “I may wait another week.”

Questions & Answers

Q.

What percentage of Americans are planning to shop on Saturday to complete their holiday gift lists?

A.

According to a survey by the National Retail Federation and Prosper Insights & Analytics, nearly 66 percent of Americans, or 156 million people, plan to or are considering shopping on Saturday. This indicates a significant push from retailers to attract last-minute shoppers.

Q.

Which retailers have implemented earlier order deadlines for holiday gifts this year?

A.

Retailers including Best Buy, Gap, and J.C. Penney have set earlier deadlines to order holiday gifts this year. This decision likely reflects the unique calendar quirk, making this weekend the last full weekend before Christmas.

Q.

What specific deals is Target offering to attract last-minute shoppers?

A.

Target will be offering last-minute shoppers daily deals on certain in-demand products. These include items like children’s sleepwear and fragrance sets, which are only good for a single day.

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