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'Bleak Friday' May Keep TV Prices Down All Season
Deals on flat screens could extend all month
By Jim O'Neill
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Posted Nov 26, 08 7:21 AM CST
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(Newser)
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If your holiday wish list includes a flat-panel TV, you may not have to battle crowds on Black Friday to land a deal, reports the Wall Street Journal. Struggling electronics retailers anticipating a bleak holiday season are likely to extend traditionally low day-after-Thanksgiving prices—which could top 50% savings on some 32-inch models—through December.
Some retailers, like Best Buy and Wal-Mart, have already been offering “door-buster” deals as they attempt to move a glut of inventory—the result of increased production fueled by last year's slim supply of in-demand models and a once-expected boost in sales due to the Feb. 2009 switch from analog to digital airwaves. And, if shoppers have the will to wait until after Christmas, some deals may be even better if holiday sales remain depressed.