Appliance deals abound during black Friday sales

 
No Author Published: November 21, 2010    Comment on this article Leave a comment

NEW YORK — It may not be the most romantic Christmas present, but for those seeking appliances this holiday season, deals are likely to be plentiful.

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Both Sears, Roebuck and Co. and Home Depot are already offering discounts on appliances ahead of “Black Friday,” the day after Thanksgiving, considered one of the busiest shopping days of the year. Many more deals will be found during the holiday weekend at Walmart, Lowe's, Target and other retailers.

Craig Johnson, president of retail consultancy Customer Growth Partners, said there will be many deals this year due to oversupply because consumers have been holding back on buying major appliances since the homebuyer tax credits ended in April.

“The appliance sector has been basically dead for four or five months. Meanwhile manufacturers ramped up production,” Johnson said.

Some examples of deals Home Depot is running through Nov. 29: An LG front-loading washer and dryer set, regularly $1,998 for the pair is marked down $800 to $599 each. Another deal: a GE stainless steel refrigerator, regularly $1999, is marked down $601 to $1398.

Meanwhile, Sears is opening at 7 a.m. to noon on Thanksgiving morning offering many doorbusters sales. One deal is a Whirlpool front-load energy efficient washer and dryer, regularly $549 each, on sale for $799.98 for the pair.

And on Black Friday, when Sears opens at 4 a.m., a 25-cubic foot Kenmore refrigerator, regularly $2399, will be $1,099.99.

But shoppers take note: there will be only two per store, so early rising will be rewarded.

From wire reports