Nov 15, 2010

7 Black Friday Deals Worth Buying Now


Take all of last year's Black Friday wisdom about procrastinating for better prices 
and endangering your physical safety for deals and shove it up the nearest 
chimney.

This isn't 2008, and retailers aren't piling up inventory while knocking down prices. 
Target (NYSE: TGT - News) and Sears (NasdaqGS:SHLD - News) already held 
Black Friday sales in July, and the discounts they'll be offering on a limited supply
of Black Friday products won't offset the time and aggravation saved by 
avoiding overnight lines, letting others push through plate glass doors and 
getting all your holiday shopping done through deals being offered right now.
Besides, according to the National Retail Federation, those starting their 
holiday shopping now are just lollygagging. The NRF estimates that 18.8% of 
holiday shoppers began attacking their holiday lists last month, while another 
nearly 19% got a head start in September or before. Retailers, meanwhile, 
began their big push last month as Toys R Us put its entire 80-page 
holiday toy book on sale, Amazon (NasdaqGS:AMZN - News) slashed prices 
on electronics and Sears began a series of "Black Friday Now" sales.
The November weeks before Black Friday are going to be an even bigger 
celebration of consumerism, with the NRF predicting that more than 40% of holiday 
shoppers will hit stores for the first time this month. They have a very specific 
shopping agenda, too, as the American Express (NYSE: AXP - News) Spending 
and Saving Tracker found that 51% of consumers want to wrap up their holiday 
shopping a week before Christmas or sooner, with 84% of shoppers looking for deals
 along the way. Retailers are all too eager to help, as Target is planning a four-day 
sale starting the Sunday before Thanksgiving featuring toys, electronics and 
entertainment products discounted nearly 50%. Meanwhile, JCPenney 
(NYSE: JCP - News) has three large sales planned between now and 
Black Friday and Target's and Wal-Mart's (NYSE: WMT - News) websites 
are already offering daily holiday specials.
That said, some deals are definitely better than others. While it'll be difficult
 to beat the $3 appliances Target's rumored to be offering Black Friday, prices
 on some toys, electronics and other wish-list staples are worth checking out now. 
TheStreet did some bargain hunting and found seven categories on which savvy 
shoppers can save without sacrificing their sanity or tryptophan-induced 
post-Thanksgiving sleep:
1. Toys

Courtesy of Matel
As we mentioned, Toys R Us put its holiday 
toy book on sale back in October, so that's 
roughly how long toys have been a bargain. 
Target, though, became the toy store du jour 
earlier this month when a Wall Street Journal 
price comparison found that Wal-Mart's toy prices 
were significantly higher than Target's in several instances. That didn't sit well in 
Arkansas, where folks at Wal-Mart headquarters went on toy box damage control by 
slashing toy prices to within a dollar of Target's total. So who wins? You do.
With Sears and Wal-Mart originally offering Mattel's (NasdaqGS: MATNews
wisecracking sanitation vehicle Stinky the Garbage truck for $60 and $56 apiece, 
Target chopped its price to $50, encouraging Wal-Mart and Amazon to follow suit. 
Meanwhile, a Barbie Video Girl -- a doll with a not-creepy-at-all digital camera lodged in 
its sternum -- sells for as much as $60 at Kohls and $50 at Target, but fell to $40 at 
Wal-Mart and Amazon after a bloody round of price cuts. You could totally make all your 
G.I. Joes fight all your Transformers and still not have a toy war of this magnitude.
2. HDTVs

Courtesy of Samsung
The picture's been looking pretty dark for HDTV 
prices for much of the year, with research firm 
DisplaySearch predicting an 8% drop in average 
LCD television prices and iSuppli forecasting prices 
as low as $200 for a 32-inch 720p HDTV and $500
 for a 42-inch 1080p model. They pretty much 
nailed it, as a 22-inch 720p Sharp AQOUS LCD television can be had for $180 at JR.com.


3. e-readers

Courtesy of Amazon
With Amazon and Barnes and Noble (NYSE: 
BKS - News) already slashing prices on their 
Kindle and Nook e-readers about as far as they'll 
go, there's just about no hope for a Black Friday 
miracle. That said, e-readers are as inexpensive as 
they've ever been. Amazon cut the Kindle to $140, 
which is less than the $190 3G model but still not the best bargain out there. The Nook 
comes in at $150, which is considerably less than the $250 Nook Color, but is an even 
better value for PayPal customers who get a 15% discount, knocking the price down to 
a sub-Kindle $127.50. If you're a bookworm concerned more with price than Wi-Fi, 
however, the USB-dependent Kobo from Borders (NYSE: BGP - News) is your best 
bet at a svelte $120.
4. Xbox Kinect and PlayStation Move

Courtesy of Microsoft
Unlike the prices for console bundles, which are 
going to vary wildly between now and Black Friday, 
the prices of starter bundles for Microsoft (NasdaqGS: 
MSFT - News) and Sony's (NYSE: SNE -News) motion 
devices aren't going to budge an inch. Why? First off, 
they're terribly popular -- with the Move fueling a more 
than $20 million surge in video game accessory sales after its September release and early 
sales of the Kinect forcing Microsoft to revise the device's holiday sales estimate to 5 million 
from 3 million. You're going to pay the full $100 for the Move bundle and $150 for the Kinect 
bundle. Just suck it up and get it over with already, you big whiner.
5. iPad

Courtesy of Apple
Apple's (NasdaqGS: AAPL - News) little tablet toy 
has sold more than 8 million units without the benefit 
of Christmas songs and doorbuster sales. Do you think 
Steve Jobs and company are going to start messing 
with the bottom line now? As a general rule, Apple d
oesn't do sales (though Wal-Mart's $185 price on an 8 
gigabyte iPod Touch bundle seems to be an exception). In fact, Apple did you a favor by 
making the iPad available in such places as Best Buy, Target, Wal-Mart and the Verizon 
Wireless store. How do you repay them? By fruitlessly getting in someone's way on Black 
Friday just to find out that the Wi-Fi-only iPad is the same $499 it was when it was released? 
Save everyone some time and aggravation by just picking one up now if you're hell-bent on 
getting one by the holidays.
6. Kitchen and Dining

Courtesy of Hamilton Beach
Admittedly, it's hard to beat $3 appliances, but a deep 
discount is still hard to pass up. Wal-Mart is offering 
iRobot's (NasdaqGM: IRBT -News) Roomba 440 robotic 
vacuum for $150, or for $50 less than Target or Kmart. 
Kohl's (NYSE: KSS - News), meanwhile, lopped the 
price of its store-exclusive Hamilton Beach 18-quart 
Roaster to $50 from $60.


7. Smartphones

Courtesy of HTC
There's usually a simple answer for how much a 
smartphone costs: $199. Every so often, however, 
you get some leeway. Best Buy, for example, is 
offering Samsung's Fascinate Galaxy S phone for 
$149 -- a $50 discount from the Verizon Wireless 
version and similarly less expensive than the new 
Samsung Continuum. It's also hacked the price of HTC's Droid Incredible to $100 from $149
 this week, just because they feel like it. Be careful, however, as the Research In Motion 
(NasdaqGS: RIMM - News) BlackBerry Curve they offered for $1 with contract during their 
two-day sale over the weekend had been free all week long.

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