Post-holiday deals lure shoppers to local malls
Posted December 26, 2007 6:31 a.m. EST
Updated November 18, 2008 11:57 a.m. EST
Raleigh, N.C. — Some local malls opened early Wednesday for shoppers taking advantage of after-Christmas sales.
James Manning and Janet Joyner shop the day after Christmas for next year's gifts.
"We're both pretty good shoppers looking for a deal. (Anything) 70 percent off, we'll purchase," Manning said.
"I think maybe there are more things on sale this year, and there were more things on sale before Christmas too, I think," Joyner said.
Shopper Judy Darnell said she does not usually shop after Christmas, but she did some research before venturing out.
"I bought my granddaughter a pair of Stride-Rite shoes and I bought a memory foam mattress," she said.
According to some economic experts, November and December can account for as much as 50 percent of sales and profits at many chains.
Thousands of shoppers were expected to whip out their gift cards. This holiday season, consumers were expected to spend a total of $26 billion in gift cards, according to the National Retail Foundation.
Many stores are also expected to slash prices on items to make room for next year's merchandise.
The holidays often means getting a new electronic device, but don't be so quick to throw it away. Officials suggest donating or recycling the old one.
If you received a new electronic device, Raleigh officials urge you to donate or recycle the old one if the gift was a replacement. Raleigh's "Swap Shop" is located at the City Waste Center at 900 N. New Hope Road.