As the holiday season approaches, the excitement of Black Friday looms large. For many, it’s a day filled with anticipation, long lines, and incredible deals. However, not all Black Friday sales are created equal. While some retailers offer substantial discounts, others may not be as generous as they seem. To help you navigate through the sea of promotions, we’ve compiled a list of the best Black Friday sales based on statistics from WalletHub.
According to WalletHub’s analysis, the following retailers are offering some of the most attractive discounts this Black Friday:
1. JCPenney: 59.1% Average Discount
2. Macy’s: 58.2% Average Discount
3. Kohl’s: 48.8% Average Discount
4. Target: 32.7% Average Discount
5. BJ’s: 30.1% Average Discount
6. Best Buy: 29.8% Average Discount
7. Amazon: 28.5% Average Discount
8. Walmart: 26.9% Average Discount
9. The Home Depot: 20.8% Average Discount
10. Costco: 17.1% Average Discount
(It’s important to note that these statistics reflect average discounts and may vary by product category. While these retailers are offering attractive discounts overall, it’s crucial for consumers to carefully evaluate each deal to ensure they are getting the best value for their money.)
Before diving into the Black Friday madness, take the time to compare prices, read reviews, and make a list of items you truly need or have been planning to purchase. By approaching Black Friday with a clear strategy, you can make the most of the discounts and avoid impulse buys that may not be as advantageous as they appear.
As you gear up for a day of shopping, keep in mind that not all deals are created equal. Stores have been known to inflate prices before sales to make the savings seem bigger than it is! Take a thoughtful and discerning approach to your shopping and make informed decisions that align with your needs and budget. Happy shopping!
Unsure what to buy this year?! Check out Forbes list of the best Black Friday deals this holiday 2023 season: