News Release: Associated Press News
Some of the same retailers who pushed forward holiday shopping to Thanksgiving Day are now resorting to "after Christmas" on the day before Christmas.
Amazon.com already is offering "after Christmas" deals of up to 70 percent off clothes and 60 percent off some electronics. Old Navy is running TV ads that its "after-holiday sale starts early" with discounts of up to 75 percent off.
Heather Nadler, 38, stopped by the CVS in Decatur, Ga., today, searching for stuffed animals for her children.
Stores are attempting to draw Americans who are still worried about the economy and have held tightly to their purse strings this year. Sales have fallen for the past three consecutive weeks.
According to ShoppingTrak, sales dropped 3.1 percent to $42.7 billion for the week that ended on Sunday compared with the same week last year.Stores had a problem even getting Americans into stores, let alone getting them to spend. The number of shoppers fell 21.2 percent during the week that ended on Sunday,