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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,  Newser User

Posted Nov 26, 2008 7:21 AM CST

(Newser) – 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.

A model shows a 46-inch TV of the new X Series, the latest model of Sharp Corp.'s Aquos brand flat-panel LCD TV, during a press event in Tokyo Thursday, Jan. 24, 2008.
A model shows a 46-inch TV of the new X Series, the latest model of Sharp Corp.'s Aquos brand flat-panel LCD TV, during a press event in Tokyo Thursday, Jan. 24, 2008.   (AP Photo/Katsumi Kasahara)
Customer Tingram Saryan, left, is helped by an employee to load a LCD high definition television monitor at the Best Buy store in Glendale, Calif.
Customer Tingram Saryan, left, is helped by an employee to load a LCD high definition television monitor at the Best Buy store in Glendale, Calif.   (AP Photo/Damian Dovarganes)
Allio, the only High Definition LCD-TV with integrated, full-function PC and Blu-ray/DVD player.
Allio, the only High Definition LCD-TV with integrated, full-function PC and Blu-ray/DVD player.   (PRNewsFoto/Silicon Mountain Holdings, Inc.)
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We're hitting a bad time, and I absolutely believe what's going to happen [is] we're going to see some very aggressive deals on Black Friday. Those Black Friday prices will continue all the way through December." - Riddhi Patel,
Market analyst

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