The best holiday deals will hit before Black Friday this year
If you're on the hunt for holiday deals, don't wait until Black Friday to start shopping: Online retailers are expected to offer the deepest discounts on Thanksgiving Day -- lower than any other day during the holiday season, according to Adobe, which released its annual shopping forecast on Thursday. Discounts will kick off the Monday before Thanksgiving, and drop again Thanksgiving Day. Prices will go back up the Tuesday after Cyber Monday.
If you'd rather head to stores to shop, don't worry about paying more: According to Adobe, in-store prices will match online prices for the most part, and you might get a special discount exclusive to stores, especially on Black Friday and during inventory clearance periods closer to the holidays. (Still, we'd recommend using a price comparison app like ShopSavvy to make sure you're getting the best deal.)
Online retailers are expecting a record holiday season, with holiday sales forecast to jump 10 percent over last year, far outpacing the national average. Black Friday sales are expected to hit a record $2.48 billion, up 28 percent from last year. And it's not just brick-and-mortar retailers who will be enjoying a boost on Thanksgiving Day: Online retailers are also expecting record sales of $1.35 billion that day, up 27 percent. But for e-commerce, Cyber Monday is still the king of sales days: Shoppers are expected to spend $2.6 billion online that day, up 15 percent from the year before.
Building on trends from previous years, more shoppers will turn to their mobile devices to make purchases: In fact, nearly a third of all online sales will be placed on smartphones and tablets on Thanksgiving Day, up from 21 percent last year. Guess that means we won't be the only ones shopping under the table during Thanksgiving dinner.
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