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in /finance 2 months ago

Looking forward to Black Friday sales? ‘They’re really just lying to you,’ warns consumer expert

Looking forward to Black Friday sales? ‘They’re really just lying to you,’ warns DC consumer expert - Featured Image

Looking forward to Black Friday sales? ‘They’re really just lying to you,’ warns DC consumer expert

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TLDR

A D.C.-based consumer expert warns that most Black Friday discounts are not real savings, as retailers often use inflated 'anchor prices' to make their sales appear more significant. Kevin Brasler, executive editor of Washington Consumers' Checkbook, suggests that consumers focus on the actual cost of items rather than advertised savings, and recommends comparing prices across different retailers and using tools like CamelCamelCamel to track Amazon prices.

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