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Post-Christmas deals entice shoppers

Posted December 26, 2011

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— Christmas may have come and gone Sunday, but the holiday shopping season is far from over.

Shoppers still recovering from Black Friday, Cyber Monday and the stress of last-minute shopping before the holiday weekend packed stores again Monday, looking to swap out or return those unwanted gifts while also taking advantage of big-time sales.

Christmas shopping doesn't end with Dec. 25 Christmas shopping doesn't end with Dec. 25

With some stores slashing prices by 50, 60 or even 70 percent, retail experts say Monday could be the strong start to a week that accounts for 15 percent of all holiday shopping revenue.

Many were cashing in gift cards they got just the day before. "It's like money burning a hole in my pocket, and I will use it," said Beverly Chrismon.

Research firms that track spending habits estimate at least one in five shoppers prowling the mall on the day after Christmas has at least one gift card.

The day after Christmas is the second-highest revenue day for retailers, with as much as $8 billion being spent. According to ShopperTrak, a research firm that monitors shopping, store traffic Monday could be up as much as 60 percent from this day in 2010 because of Dec. 26 falling on a Monday.

In total, stores are expected to ring up $469.1 billion during the holiday season, which runs November through December.

Many Triangle malls extended their hours Monday to take advantage of the crowds. Cary Towne Center opened Monday at 6 a.m. Triangle Town Center wasn’t far behind, opening its doors at 7.

Crabtree Valley Mall, The Streets at Southpoint in Durham and Cross Creek Mall in Fayetteville all opened at 8 a.m.

Shoppers hoping to make returns or exchanges should be ready for long customer service lines and potential restocking fees, which are becoming more widespread at some retailers.

18 Comments

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  • Quagmire Dec 27, 2011

    Is the economy doing great, or are the rich 1% keeping ya down!???....Or are you a rich liberal?
    redwolfone

    For me its doing great. For you it sounds like its not so good. You can blame yourself.

  • Amused Dec 26, 2011

    Shopping the day after Christmas is my "Black Friday" and it's much more fun and more relaxing than the actual Black Friday. Better deals too. I don't buy just for the sake of buying. My purchases are useful and for gifts to other people.

  • redwolfone Dec 26, 2011

    Judge Much? Quagmire

    Why,.. Yes..Yes I do! ;-) Not judging, just pointing out what is out of place. Many make a bunch of noise about the rich, then turn around a say the economy is doing great. Which is it? Is the economy doing great, or are the rich 1% keeping ya down!???....Or are you a rich liberal?

  • Faux Hemingway Dec 26, 2011

    Someone has to go stand in line, and fight with the lack of parking. Not going to be me, I'll be at home enjoying the gifts already purchased.

  • What_I_Think Dec 26, 2011

    Christmas comes on the same day every year. Budgeting and not trying to keep up with the Joneses keeps you out of debt.

  • vraptor Dec 26, 2011

    Doing my part to support the economy. Bought a lot of stuff today. Some great deals.

    On $200 of purchases at macys. I saved $130.

    Now I can dress the look of the 2%. Not to the 1% yet :)

    What are the breaks downs of the 1-5%ers? I heard you need to make about $350k / year to qualify. Not sure on the total wealth part. How many millions? 5, 10, $15M? Is it an or; or an and qualification? Yearly income / total wealth??

    smile...

  • Quagmire Dec 26, 2011

    suppose you just went into more on your credit cards, or you are part on the so called 1%. redwolfone

    Judge Much? I think I'm in the top 10 percent.

  • redwolfone Dec 26, 2011

    "Spent more this season than I ever have. Most folks I know did too"

    I suppose you just went into more on your credit cards, or you are part on the so called 1%.

  • mmtlash Dec 26, 2011

    I went to several stores this morning just to grab some Christmas decorations and wrapping related stuff for next year as everything is 1/2 off but that was the extent of my "Post Christmas Day" shopping

  • bigal02282 Dec 26, 2011

    Lest we forget, there is STILL "Red Dawn Thursday, Freaky Fashions Friday, New Year's Eve Blowout, New Years Day One day only super shopper blowout, January's lowest price Blowout of the year sale, It's almost February Seasonal Sale, Pre-post preliminary Valentine's Day Sale" well, you get the picture. And Stores will be open from 3 AM until sometime in 2017 for your shopping convenience. I am SO glad the economy is in such great shape. We NEED to be buying even MORE stuff to replace the stuff we just threw away that wasn't as good as the stuff we just bought. I guess we let those mega-corps know how we fell about them buying our Congress huh!

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