LIL’ BUDDY’S BLOG – Are You Ready for Black Friday? How About a New TV?
LIL’ BUDDY’S BLOG – Are You Ready for Black Friday? How About a New TV?
THE CHICAGO IL REAL ESTATE MARKET AND OTHER THINGS CHICAGO FROM THE POINT OF VIEW OF A LITTLE WHITE DOG!
Because you dogs you know what begins Friday morning at 4 AM?
BLACK FRIDAY!
You know that’s the day all those crazy humans predominantly females rush the Walmart’s Kohl’s and Best Buy’s of this world looking for that CHRISTMAS GIFT BARGAIN OF THE CENTURY!
You want to cheat a little bit and check out what will be on sale tomorrow. Click on BlackFridayAds.com and you’ll get the lowdown on most of the big national chains.
Sales are predicted to be scaled back quite a bit this year. As you know in researching my weekly blog post me and my Cub Reporter Gracie Moss read the business pages in great depth. It’s a tough economy this year for humans here in Chicago and elsewhere. Job layoffs tight credit declining investments and home equity.
For me I’m glad I’m just a Little White Dog – I don’t have to worry so much about all that stuff – as long as there is enough money left over for Meaty Bones at the end of the day!
But what are many folks buying this year? Believe it or not still – wide-screen HDTV’s!
Prices are falling on most models and everyone is getting ready for the big Analog to Digital Conversion next February 17th. According to PriceScan an Internet price comparison service prices on popular 32" and 37" LCD HDTV models fell 2% last September plus another 5% in October.
This Friday after Thanksgiving some 32" models will sell for $399 in early-bird savings at several of the big-box stores. Riddhi Patel an analyst with iSupply a Market Research firm predicts similarly-low pricing is likely to continue deep into the Holiday shopping season and possibly into early next year.
It’s a slowing economy of course that is slowing sales for new high-end TV’s. This year however many manufacturers ramped up production commitments several months ago on projections of strong fourth quarter sales. This time in 2007 many HDTV brands were in short supply due to a shortage of HDTV components.
With supplies now higher in combination with lower demand because of the economy many TV makers will be forced to discount extensively to move surplus inventory.
Of course there are dozens of deals to be had on Friday – on clothing on toys on jewelry and on and on. But for me you dogs I’m lobbying my humans Dean and Sue for a new kick-butt TV. Let’s see if I can get Dean out of bed early so I can help him pick the best model.
I’m a big Chicago Bears fan you know and I want to see the beads of sweat on his brow while our Middle Linebacker Brian Urlacher is taking down the Minnesota Vikings Running Back this Sunday night! "Who Let The Dogs Out?" – oops wrong NFL Team!
Happy Shopping!
For more on how the market for high-tech HDTV’s is changing to benefit the consumer read Christopher Lawton’s post in yesterday’s Wall Street Journal.
YOUR ACE REPORTER ON FOUR PAWS
BUDDY HOLLY MOSS & DEAN’S TEAM CHICAGO
