After Christmas Sales: Slow Sales Forces Retailers to Offer Early DealsBy Alex Jusi Madlangbayan on Dec 25, 2013 in Business, Lifestyle, Shopping, United States •
After Christmas Sales is on. And Christmas Day has not even arrived yet. (Click here to check out Amazon.com’s after Christmas sales offers.)
Retail stores are expected to open up their After Christmas Sales event to recover from slow holiday shopping.
Major retailers offer great deals during their After Christmas Sales to unload their inventory.
Analyst expects bigger-than-usual after-Christmas sales due to larger inventory due to sluggish sales.
Brian Sozzi, CEO of Belus Capital Advisors, explained that “Promotions have already crept into the irrational zone — north of 50% off. The season so far was a full-on Debbie Downer. After Christmas a black plague of promotions will sweep throughout the malls and stores — 50, 60, 70% off.”
Amazon.com started it’s “2013 After-Christmas Sale” on Monday, December 23, 2013.
After Christmas Sales ads by Amazon.com indicates discounts of up to 70% on select clothing, shoes, watches and jewelry.
Old Navy was one of the earliest to launch after Christmas Sales with its “After Holiday Sale” on Sunday, December 22. The retailer reportedly slashed up to 75% on select items.
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