After Christmas Sales: Target, Kohls, Wal-Mart Lure Shoppers

Image: After Christmas Sales: Target, Kohls, Wal-Mart Lure Shoppers

Thursday, 26 Dec 2013 10:26 AM

By Clyde Hughes

  Comment  |
   Contact Us  |
|  A   A  
  Copy Shortlink
Stores and online merchants are bracing for "after Christmas" sales, as consumers hunt down postseason bargains and take advantage of gift cards they received as presents.

Websites like and, started to lure post-Christmas shoppers on Christmas Day with bargains, while Wal-Mart and Kohl's opened their stores at 5 a.m. the following day to catch the early birds.

Urgent: Do You Approve Or Disapprove of President Obama's Job Performance? Vote Now in Urgent Poll

"This is an especially big time for people who got gift cards to come and spend on what they didn't get for Christmas," Sarah McKinney, a Wal-Mart spokeswoman, told USA Today.

Antoine LaFromboise, of Target, said the days just after Christmas are the most popular for redeeming its gift cards.

"In 2011, 12 percent of the deals posted on Dec. 26 were of Editors' Choice caliber, meaning they were the best discounts and sales we'd seen all year," Louis Ramirez wrote for earlier this week. "Last year, the number of Editors' Choice deals jumped to 19 percent. If this trend continues, we might see even more Editors' Choice After Christmas sales this year.

"Considering the volume of consumer reports detailing how retailers did not sell as much as they would have liked during Black Friday, and how holiday spending overall is expected to be down, we anticipate stores will promote After Christmas sales with especially enticing price cuts," Ramirez continued.

Forbes' Laura Heller reported that consumers should not expect a fire sale on everything over the next few days because retailers are still hoping to maximize returns on gift cards.

"Amazon is running '2013 After Christmas Sales' or year-end deals of up to 70 percent off, and Old Navy's 'Mega Sale' offers 75 percent off in stores and 60 percent online and runs from now through Jan. 31," Heller wrote. "The best deals will likely be on apparel from now until January as retailers clear inventory of winter wear.

"As gift cards rise in popularity each year, retailers adjust inventory planning and generally get a boost immediately following Christmas as shoppers redeem those gift cards," Heller continued.

Editor's Note: ObamaCare Is Here. Are You Prepared?

Related Stories:

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact Us  |
  Copy Shortlink
Send me more news as it happens.
Get me on The Wire
Send me more news as it happens.
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

Duchess of Alba Dies: World's Most Titled Aristocrat Was 88

Thursday, 20 Nov 2014 15:37 PM

The Duchess of Alba, one of Europe's wealthiest and most titled aristocrats, has died. She was 88. . . .

Don Lemon Apologizes for 'Victim-Blaming' Run-in With Cosby Rape Accuser

Thursday, 20 Nov 2014 15:32 PM

CNN anchor Don Lemon has apologized after he was accused of victim-blaming a Bill Cosby rape accuser he interviewed earl . . .

Thai Theaters Ban 'Mockingjay,' Salute: 3 Students Detained at Opening

Thursday, 20 Nov 2014 14:54 PM

A Thai theater chain has banned "Mockingjay" and the country's military-imposed government detained three students this  . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved