The after Christmas 2015 sales are heating up, with many retailers slashing prices in an effort to get rid of the excess holiday merchandise.
The Christmas shopping season has been creeping upward, with Black Friday sales starting well before Thanksgiving now. And the season goes after the holiday, with stores offering a number of after Christmas sales that last through the first week in January.
According to many retail experts, the after Christmas sales are actually the best deals of the holiday season. The day after Christmas has become one of the biggest days for stores to give deep discounts on that excess holiday merchandise.
It is also a huge shopping day for those who received cash (or gift cards) for Christmas, or who have gifts they want to exchange for something better.
“Sometimes the week after Christmas turns out to be the busiest of the season,” Jim Easley, general manager of the Staten Island Mall in New Springville, told silive.com. “There are still a lot of people who are off from work that week, the kids are still out of school, and what better time to spend all those gift cards that we received for Christmas.”
The silive.com report noted that the deepest discounts will be on clothing, including pajama gift sets and cashmere sweaters. Toys that failed to meet sale expectations could also have deep price cuts as retailers try to dump the excess off their shelves.
And those looking to stock up on new Christmas decorations will find big deals on December 26. Retailers like Target will cut prices by 30 percent to start the after Christmas shopping season, and gradually up the discount until the shelves are finally clear. That means shoppers can pluck Christmas lights and artificial trees for up to 75 percent off, though if they wait too long they could risk losing their chance.
There will also be other opportunities for big sales, Kiplinger noted.
“For example, every January the latest tech gadgets and products are unveiled at the International Consumer Electronics Show in Las Vegas. It’s then that retailers will begin to slash prices on the previous generation of electronics to make room for the newer versions about to hit the market.”
There are plenty of stories offering big after Christmas 2015 sales. The International Business Times compiled a list of some of the biggest deals.
Best Buy: Up to 25 percent off on on select major appliances
Macy’s: One-day sale starting Friday at 6 a.m., prices up to 65 percent off
Walmart: Save $50 on Nextbook 8-inch Tablet
Target: Clearance items 60 percent off
Kohl’s: Sweaters and fleeces are 60 percent to 70 percent off, boots are 40 percent to 60 percent off
For Canadians, there could be even deeper deals for Boxing Day.
— Sears Canada (@SearsCA) December 23, 2015
— rue21 (@rue21) December 21, 2015
Not all after Christmas 2015 shopping is smart, experts say. Electronics won’t go on sale, and shoppers wanting to buy a new big-screen television will have to wait until closer to the Super Bowl for the next sales.
The report added that luxury items are not great to buy on December 26.
“The great buys are on the after-Christmas wear, the coats, the hats and boots will be marked down considerably,” said Melissa Martin, spokeswoman for BlackFriday.com. “But stay away from those luxury coat brands, like North Face, because those [prices] usually don’t go down regardless.”
A full list of the after Christmas 2015 sales can be found here.
[Picture by Carl Court/Getty Images]