Benzinga - by Anthony Noto, Benzinga Editor.
Inflation may have sapped our spending power this Black Friday.
EY-Parthenon, in a recent report, expects just a moderate 3% rise in retail sales during the 2023 holiday season, with risks leaning to the downside. That's far behind the 5.8% advance in 2022 and the 13.2% post-pandemic rebound in 2021.
Still, holiday sales are projected to reach their highest level on record, at $979 billion in 2023. In a bid to lure customers into their stores or online platforms, these retailers are offering exclusive perks:
Amazon.com Inc. (NASDAQ: AMZN) is populating the Black Friday feed on X (previously Twitter), which is how we learned that flash memory cards from SanDisk, Lexar and PNY are 50% off. The company is also offering its Amazon Fire HD 8 Kids tablet at a significant markdown.Best Buy Co Inc. (NYSE: BBY) brought the price of the 15-inch MacBook Air M2 down to $1,399 (on average it costs $1,699). The retailer is also offering $250 and an additional $50 discount for My Best Buy Plus and Total subscribers.Crocs Inc. (NASDAQ: CROX) is known for its uniquely designed clogs. One particular variant is now just $33.49 from $59.99. Find it here.Dick's Sporting Goods Inc (NYSE: DKS), through its newly acquired Moosejaw brand, is offering $148 off its MSR Elixir three-season, four-person tent for $342.Kohl's (NYSE: KSS), one of the most popular destinations for holiday shoppers, is offering 30% off LEGO Group products; 66% percent off on Christmas trees; and nearly half off on the Alexa-powered Amazon Echo Dot Smart Speaker.3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure
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10 Honorable Mentions
Birkenstock Holding Plc (NYSE: BIRK): The popular German shoemaker, which just went public, has a "last chance" section for shoppers to scan.Costco Wholesale Corp (NASDAQ: COST): The big-box retailer offers a membership rate of $60 for the year. As Fool.com points out, you need to get at least $60 in value from your membership to make a Black Friday deal worthwhile. Factor that in if you wish to buy, say, a Dyson V15 cordless vacuum, which is currently on sale.Dell Technologies Inc (NYSE: DELL): The tech company is offering Sony's PlayStation VR2 Horizon Call of the Mountain bundle for $499.99 — marking a $100 discount from the retail price. For more info, click here.Gap Inc (NYSE: GPS): Peruse the apparel company's Black Friday page for generous discounts, including 50% off on jackets for kids and adults.Macy's Inc (NYSE: M): According to WalletHub, Macy's has the steepest discounts when it comes to toys and consumer packaged goods. Recall how, in 2021, WHP Global set up over 400 new Toys R Us outlets within Macy's stores across the U.S.Motorola Solutions Inc (NYSE: MSI): Remember the Motorola Razr from the early 2000s? The item is attempting a comeback as a smartphone (a 30% markdown will likely help).Nike Inc (NYSE: NKE): The apparel manufacturer has sales of up to 60% on Pegasus 40s, Jordans, hoodies and more.VIZIO Holding Corp (NYSE: VZIO): The Irvine, California-based company is offering discounts on some of its most popular TVs and soundbars for Black Friday. The deals include VIZIO 50" Class V-Series 4K UHD LED Smart TV V505-J for just $248 (was $268) through Jan. 31; VIZIO 75" Class-V Series 4K UHD LED Smart TV V755x-K04 for just $499.99 through Nov. 27. For more info, click here.3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure
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Image: Gerd Altmann from Pixabay.
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