Are you out Black Friday shopping this morning? If so, you may be wondering where you can score the best deals. Personal finance website WalletHub released its report on 2019’s Best Stores for Black Friday, which ranks the top ten stores with the best discounts.
The study shows “Apparel and Accessories” as the category with the biggest share of discounted items, and JC Penney is offering the highest discount on toys, with an average savings of 47%.
Jill Gonzales with WalletHub says books, movies and music will be the most discounted on Black Friday, followed by toys. But she cautions that not every item advertised will be in stock, which could lead to impulse purchases.
“To lure customers in, a lot of stores now are having these big ticket items at very steep discounts in very limited quantities,” said Gonzales, “once they get groups in the stores that’s when you end up buying things that probably weren’t on your list.”
Overall, the average discount for Black Friday this year is roughly 40%. WalletHub says consumers should aim for this discount amount or higher to avoid Black Friday traps. You can read the full study on our website at 953 MNC dot com.
