On Black Friday, hit the grocery store
The supermarket may have some of the best buys of the day.
Julie Parrish, CEO of hotcouponworld.com, has some unusual advice for Black Friday shoppers: Go to the grocery store.
“Not everyone will do it, but my savings at Albertsons and Safeway beats the heck out of the $5 I'm going to save chasing the 4 a.m. sock sale at Fred Meyer,” Parrish said.
- Video: Possible pumpkin pie panic
According to Parrish, many stores on Black Friday knock down the price of perishable holiday foods -- like roasts, fresh turkeys, baked goods and produce -- that didn’t move out the door before we all sat down to gorge ourselves on Thanksgiving.
This could be a huge savings if frozen turkeys are put on sale, considering that the big bird is already remarkably cheap this year.
For instance, The Columbus Dispatch in Ohio reports: “Giant Eagle and Kroger are selling frozen turkeys weighing at least 18 pounds for 29 cents per pound with a $30 purchase. Meijer is selling its birds weighing at least 16.1 pounds for up to $18 off with an additional $20 purchase.” As you’ve probably heard, Wal-Mart has the $20 Thanksgiving meal deal that includes a turkey for 40 cents a pound.
Overall, the American Farm Bureau Federation -- which tracks the cost of a typical Thanksgiving feast each year -- says Turkey Day dinner will cost $1.70 less than the $44.61 spent last year.
Whole prime rib roast normally sells for $9.99 per pound or more. On sale the week of Thanksgiving for typically $4.99 per pound or less. Marked down the day after Thanksgiving to 50% or more off the sales price. Total savings is upwards of 80% off the retail price.
We don’t shop on Black Friday because, well, we don’t like to shop. Facing the crowds would make an already unpleasant experience more like torture. Plus, we’re irritated by retailers’ Black Friday tricks -- advertising very limited supplies of hugely discounted items with no chance for a rain check, or selling derivatives of electronics -- “models that have a few less features than a standard model in that product line,” CNNMoney.com says.
We’ll be at home planning the fate of all the food already in the fridge, with some help from Kris at Cheap Healthy Good and her “38 cheap, healthy recipes for Thanksgiving leftovers.” (Still planning the big meal? Check out Kris’ “100-plus Thanksgiving recipes and links: The only Turkey Day post you’ll ever need.”)
Does your local grocery store offer huge discounts on Black Friday?
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.
ABOUT SMART SPENDING
Editor Bev O'Shea lives and works in the foothills of the Appalachians. A former copy editor for The Atlanta Journal-Constitution and the Orlando Sentinel, she joined MSN Money in 2007. She's a fan of sunsets, college football and free shipping, among other things.
Having worked as a writer, reporter and editor for more than 25 years, Editor Julie Tilsner is the sort of person who can't help but correct grammar in Facebook postings and on billboards. She's written for BusinessWeek, the Los Angeles Times, Parenting, Redbook, AOL and others. She lives in Los Angeles County with her family and loves to drink wine and practice yoga, although not generally at the same time.
A writer for MSN Money since January 2007, Donna Freedman won regional and national prizes during an 18-year newspaper career and earned a college degree in midlife without taking out student loans. She also writes about smart money tactics for magazines and on her own site, Surviving and Thriving.
Mitch Lipka has been warning people about scams and shining light on questionable business practices for more than 20 years. Mitch, the consumer columnist for The Boston Globe, has also been a reporter and editor at The Philadelphia Inquirer, Consumer Reports, South Florida Sun-Sentinel and AOL. He won the 2010 New York Press Club award for best consumer reporting online and was honored in 2011 for his reporting on child product safety.
Marilyn Lewis is an award-winning writer with a passion for getting readers clear, straight information that helps them stay out of financial trouble. A former reporter for The San Jose Mercury News, she works from her home in Port Townsend, Wash. Contact her at MarilynLewis@Outlook.com.
LATEST BLOG POSTS
New York's mayor says a composting program would save millions. It's a great frugal hack for anybody, anywhere. Here's how to get started.