Black Friday Shopping Spree Doesn't Disappoint

Retailing analysts say the tight economy is forcing stores to reduce inventory on higher priced items to prevent unplanned markdowns at the end of the season. That could create a run on popular gift-giving items such as electronics, video games and TV's, which are expected to clear store shelves quickly.

"It's been a very difficult year for retailers and the holiday season isn't expected to be strong," says Nancy Koehn, a professor and authority on entrepreneurial history at Harvard Business School. "By tightening inventory, stores will be creating demand for popular items, particularly those in a higher price range so you should expect to see a lot of early buzz for popular items in some stores."

Popular gifts such as Amazon's Kindle, iPod Touch and Netbooks, the small, portable personal computers, are expected to be among the first items to sell out this holiday shopping season.

With reports from ABC News Radio's Alex Stone and Andrew Adams.

  • 1
  • |
  • 2
  • |
  • 3
Join the Discussion
blog comments powered by Disqus
You Might Also Like...