To save yourself, keep these tips in your back pocket: You can save a lot of money by buying big-ticket items in the month that retailers traditionally reduce prices on that item. Buying winter wear in September won't tempt fate when it comes to the weather, but it will save you some dough. Dutch ovens, premium knives, bakeware and more are up to 40% off during Sur La Table’s Anniversary Sale. Sometimes you can land a free shipping code or even a significant discount on your order. Accessed Oct. 16, 2020. A real recovery won't occur until a safe and effective vaccine is developed. Unlike unanticipated flash sales, end-of-season sales occur around the same time each year as retailers offer discounts on items associated with the season that's about to end to make room for the new season's items. Accessed Oct. 16, 2020. Sales have been increasing since June after record lows were seen in the spring during the height of the Building and garden supply stores saw a very small month-over-month increase of 0.6%, but rose 23.4% unadjusted year over year. You might want to wait until after the winter holidays and hit the stores in January. There’s also 25% off sitewide excluding subscription plans or subscription gift cards now through September 25. Stop Shopping in Stores, In the Market for a New House? Ebony Howard is a certified public accountant and credentialed tax expert. "Coronavirus Closures Affect 630,000 Retail Businesses." and apparel retailers may have a hard time selling out-of-season apparel. Take 20% off select kitchen storage items, closet storage items and bath storage items during Bed Bath & Beyond’s storage and organization sale. End-of-season sales can be a bargain shopper's dream. Hopefully, you didn't go all summer without working lawn equipment, but if it's time to replace, August might be your best bet. Senreve’s bi-annual Handbag Revival Event started on September 16 and will run for a limited time. You can also go directly to a coupon website like, Don't forget to sign up for one of the many. Take up to 40% off shoes, gear and apparel for women, men and kids as part of Nike’s ongoing sale. June's got your back in terms of sales. Now Is a Good Time to Use Them (and to Earn More), Average Credit Card Interest Rate Was 20.19% in September 2020, Fidelity Finds Resilient Retirement Savers in Pandemic, Advance Monthly Sales for Retail and Food Services, What Retailers Are Doing During the Pandemic, Retail Sales Growth Speeds Up as September Marks Fourth Month of Gains, The State of the Economy Heading Into the Holidays, NRF Says Consumers Continue to Drive Economy, Forecasts Retail Sales Will Grow 3.5% to 4.1%, How Small Retailers Are Adapting to COVID-19, US Retailers Teeter on the Brink as 630,000 Outlets Close, Coronavirus Closures Affect 630,000 Retail Businesses. To help remember seasonal sale timing, remember this economics rule of thumb: when demand is high, prices are high and when demand is low, prices are low. Buying something you don't really need is never a bargain, no matter how discounted the price is. Selling a house in the winter While winter is traditionally the slowest season for home sales , if your climate is warm year-round (think Florida and the Southwest), your window for selling may even be better in the winter months as snowbirds flock to the sunshine. They may look crazy, but they know something other shoppers don't. The report on Halloween spending provides early clues for the holiday shopping season. Jan Rogers Kniffen, a retail industry consultant, estimated that 30 well-known brands might be forced to file for bankruptcy protection, according to an article by PYMNTS.com. Many retailers may have trouble meeting loan obligations. "Retail Holiday and Seasonal Trends." She writes about the U.S. Economy for The Balance. Unlike unanticipated flash sales, end-of-season sales occur around the same time each year as retailers offer discounts on items associated with the season that's about to end to make room for the new season's items. National Retail Federation. National Retail Federation. Sales have been increasing since June after record lows were seen in the spring during the height of the coronavirus pandemic., Clothing and accessory stores saw an 11% increase in September, though sales were still down about 12% unadjusted year over year. Deborah Fowles has written about personal finance issues for The Balance. You may opt-out by. Plus, luxury handbag brand Senreve is currently running their biannual Handbag Revival event where you can save up to 40% on gently-loved bags. Labor Day was weeks ago, but that doesn’t mean you can’t still get great discounts on mattresses. April might be a good month to make the purchase. They may have to cancel orders with manufacturers, too. Mattress retailers like Helix are still running their extended Labor day Sales, and if you’re looking for electronics, like monitors and PCs, check out deals from Lenovo and HP. Accessed Oct 16, 2020. Keep in mind that the retail sales report doesn't adjust for inflation, while GDP does.. For a fall closet refresh, check out Moda Operandi’s Designer Sale or Bonobos’ Warehouse Sale where you can take up to 80% off select designer items or best-sellers starting at $28 respectively. Accessed Oct. 16, 2020. "Advance Monthly Sales for Retail and Food Services." Coresight Research. © 2020 Forbes Media LLC. Here’s the Best Time to Buy a Home, Get the Best Black Friday Deals With These 10 Tips, Consumers Plan to Spend Money on Halloween Despite Pandemic. But bargain shoppers know better. Total sales for July through September 2020 were up 3.6% year over year. The U.S. Census Bureau report measures the U.S. retail industry each month by surveying about 5,500 employer firms to collect retail sales data. "Retail Sales Growth Speeds Up as September Marks Fourth Month of Gains." Health and personal care stores, such as drug stores, saw an increase in sales of 1.7% for the month and 5.3% year over year. U.S. Census Bureau. Depending on what you fish, it might not be fishing season any longer, but you can stock up for next year in October. National Retail Federation. Federal Reserve Bank of St. Louis.
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