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Waiting to the Last Minute to Buy Gifts Could Mean Big Savings

Big name retailers are slashing prices, plus tips on how to bargain down even more.
3:00 | 12/23/13

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Transcript for Waiting to the Last Minute to Buy Gifts Could Mean Big Savings
Across this country that last minute scramble to buy those final items on your christmas list and just look, the scene repeated everywhere tonight, retailers with 40% of profits coming in now. Reporter: With only two-thirds of us nearly finished with our holiday shopping, retailers expecting a blizzard of business over the weekend, got a lump of coal instead. Despite some of the deepest discounts ever, there were fewer holiday shoppers. There is retail panic across the country from california, the carolinas, shoppers still aren't spending. It's a race against time. Reporter: On saturday and sunday 7% less foot traffic in stores. According to moody's investor service, consumers are willing to wait as long as possible, even if that means doing their shopping after christmas. Not feeling the heat? Audio equipment. Head phone sales are up 14% and sound bars a staggering 80%. If you are hitting the mall -- these are lovely but they're a little more than I want to pay. Reporter: Use your voice. With hidden cameras our retail expert showed us how to ask for a better deal. Do you have sometimes coupons behind the counter? Reporter: A connection that saved him $10 off his purchase. Clothes have been a really tough sell this holiday season but it's where you're going to find the biggest bargains right now at retailers like aeropostale they're posting as much as 70% off.

This transcript has been automatically generated and may not be 100% accurate.

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