What's hot in Memorial Day sales
Start of summer already? Better get shopping. But give the grills and new electronics a miss for now, according to the experts at Dealnews.
This post is by Louis Ramirez of partner site Dealnews.
As the unofficial start of the summer, Memorial Day is typically associated with a sunny afternoon BBQ. But for in-the-know shoppers, this holiday is also an excellent time to flex that credit card; historically, Memorial Day weekend offers the best sales since the start of the year, frequently with stacking coupons that slash prices on already-discounted goods.
So what can you expect from Memorial Day sales this year, and when should you start looking?
Memorial Day sales now start in March, apparently
Traditionally, Memorial Day sales have started as early as the first week of May, but 2013 is proving to be a complete anomaly. This year Amazon kicked off its Memorial Day sale in late March, taking 60% off shoes and accessories. Likewise, Orbitz slashed 50% off Memorial Day hotel stays back in April.
As far as retailers are concerned, Memorial Day sales now start in March, which is a boon for consumers as there will be more deals to be had and more time to make purchases.
Clothing sales and deals on home goods lead the pack
Memorial Day is a great time to stock up on spring apparel, since we typically see deep discounts that qualify for an additional price cut via a stacking coupon; combined, this can yield some big savings.
Last year, for example, we saw promotions that slashed an additional 20% to 40% off sale items at stores like MLB.com, Original Penguin, Anne Klein, Perry Ellis, Macy's, and Speedo, oftentimes with items already marked 30% to 70% off. Additional retailers that offered some of the best clothing sales last year included ShopEcko, Old Navy, Betsey Johnson, and Backcountry.
If you're done with spring cleaning, then Memorial Day is also a great time to furnish your home, as the second-most discounted category this month is home goods. Expect to see Memorial Day deals from the likes of Brylane Home, Pottery Barn, West Elm, and eSaleRugs, and look for discounts that range from 15% to 50% off.
Keep in mind, however, that last year we didn't see as many stacking coupons for home goods as we did for apparel.
Give electronics a break
By now many of 2013's new HDTVs have hit the market, and although some retailers may have already started slashing away at MSRPs, May is typically not a good time to purchase electronics: it's generally a month of transition. Newer HDTVs are just hitting the market (which means we'll see better prices on these models later this summer.
Plus, next-gen gaming consoles are scheduled to be announced in June at E3, and Apple is slated to make a few announcements of its own in June at its World Wide Developer's Conference.) Any tech you buy today will likely either be outdated or deeply discounted within the coming weeks.
However, laptop deals are still going strong, and we can expect to see Memorial Day sales from Fry's Electronics, Dell Home, and MacMall (as we did last year). But unless you're in dire need of a new system, we'd recommend holding off until later in the summer when you can take advantage of back-to-school laptop sales and save a few extra bucks, or snag a laptop bundle. Otherwise, you can expect to see computers receive anywhere from 15% to 85% off; just be aware that the latest models may not always receive the discounts.
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Skip the summer seasonal items
As much as we'd all love to fire up a new grill this month, Memorial Day isn't the best time for summer-specific goods either. In fact, items like grills and patio furniture will see better discounts toward the end of the season, particularly in August. Summer outdoor gear will also see better discounts toward the beginning of fall as opposed to its commencement. But on the bright side, Memorial Day is usually a good time to join a gym, as most gyms spend this time trying to lure fitness buffs back indoors and away from outdoor activities.
As with any holiday, if a deal seems too good to be true, it probably is. But make no mistake, 2013 Memorial Day sales are expected to boast a surplus of deals on clothing and home goods. Just make sure to check Dealnews in the coming days for the best Memorial Day deals.
More from Dealnews:
- The best and worst things to buy in May
- Cutting it down to size: tips for buying the best lawnmower
- 1 $78 Xbox 360 may be on the way in May
memorial day is NOT about sales & shopping....HOW DISGUSTING. Do you guys need to look up Memorial Day to remind you what it is actually for?!
I agree with shirleV, this weekend isn't about sales but some stores such as Lowes and Home Depot give 10% discounts to veterans. This can be significant with home projects and appliances. To all of the vets and those who honor our fallen heroes, have a great weekend. Jim USAF
This article is digusting. NOT ONE mention of my brothers and sisters who paid the ultimate sacrifice.
We are at war, America is at the Mall...
This post is by Louis Ramirez of partner site Dealnews.
What do you mean we missed the point AGAIN? The Holiday isn't about shopping????
And those that don't get it haven't served or been close to those whom have... To them it's just another Monday off.....
And here I thought Memorial Day was to Honor the Stores that stayed open..... that is sarcasm...
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Even those who don't like to shop are probably hitting the stores this month. Here's what to be on the lookout for and here's what to avoid.