LAS VEGAS (KLAS) — Presidents Day is not just a federal holiday – it’s a day for deep discounts.
After Black Friday, this is a day where customers are looking for deals as retailers work to move last year’s inventory.
We talked to shoppers at Town Square and several other locations around the valley to see if people are searching for deals. We found out it was just business as usual. Some shoppers said inflation has caused them to think twice about what they need and want.
Trae Bodge is a smart shopping expert at truetrae.com. “It is still a big shopping day,” she said.
Bodge said with many people off for Presidents Day, retailers are expecting click traffic and foot traffic.
“What I am seeing in terms of what’s happening right now is that consumers are perhaps being a little bit more hesitant to make a big purchase,” she said. “There’s inflation. We are up over 7% at this point. I do sense a little bit of hesitancy.”
Bodge said consumers need to do a little extra work if trying to find the best deals online. There are websites like couponfollow.com that offer discounts you may not know about.
Bodge also says there are still supply chain issues out there, so delivery could take longer than anticipated.
If you were shopping this weekend, you probably noticed a lot of other people too. Jeremy Aguero with Applied Analysis said the Las Vegas economy is exceeding expectations in terms of recovery. Jobs are up and unemployment is down. And taxable retail spending is up more than 27% this past year.
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