Smart Holiday Shopping
As Thanksgiving quickly approaches I am reminded that I have to begin saving my pennies for the holiday gift giving season. But with rumors of an economy detieriorating smack dab in the middle of the holiday season it’s tough to plan ahead and justify early spending even when the temptations of store CLOSEOUTS around every corner.
I’m a bargain shopper to begin with so when I hear of folks buying plenty and buying early it makes me cringe. One thing I have heard is that with all of these store closings buyers should be careful when purchasing gift cards.
It makes sense. Clark Howard the consumer reporter suggest not giving gift cards at all this year. If the business goes under, the card will be no good and that will just be money down the drain.
Ann Taylor is closing 117 stores nationwide. A company spokeswoman said the company hasn’t revealed which stores will be affected. It will let those stories know over the next month.
Eddie Bauer is set to close more stores. Eddie Bauer has already closed 27 shops in the first quarter and plans to close up to two more outlet stores by the end of the year.
With Black Friday coming up next week it may be wise to check to see which stores will be closing and not purchasing inventory that you think may need to be exchanged or returned or gift cards from those stores.
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