LOS ANGELES, Nov. 18, 2014 /PRNewswire/ -- With so many retailers leaking their Black Friday deals this week in the hopes of enticing consumers to overspend this Thanksgiving, GOBankingRates released its ultimate guide to Black Friday 2014. The report provides consumers with a full list of this year's biggest doorbusters, the inside scoop on what "deals" to avoid, store hours for the most popular retailers, and helpful tips for spending less during this retail event.
"Shoppers who don't do their homework ahead of time can easily fall for overrated deals and spend way more money than they planned to," said Jennifer Calonia, GOBankingRates' editor. "If you've committed yourself to the chaos of the day, there are ways to actually save money on Black Friday. For starters, avoid certain products, start your shopping early in the day, and take advantage of coupons and in-store incentives."
- Stores open early on Thanksgiving: Many retailers are getting a head start this year, with doors open at 4 a.m. on Thanksgiving for Michaels, 6 a.m. for Kmart and Meijer, 7 a.m. for Big Lots and Dollar General, and 8 a.m. for RadioShack, Rite Aid and Walgreens.
- Doorbusters: Expect them to be as flashy as ever, including up to $100 in discounts at JCPenney and Best Buy, 50 percent off at Walgreens, and $15 for every $50 spent at Kohl's.
- What not to buy: Toys, brand-name electronics, jewelry, and home and patio ware will all be cheaper as the holidays approach – so smart shoppers should abstain from buying them on Black Friday.
For more money-saving tips on Black Friday, visit: http://bit.ly/1t5IDsH
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GOBankingRates.com is a leading portal for personal finance news and features, offering visitors the latest information on everything from interest rates to strategies on saving money, managing a budget and getting out of debt. Its editors are regularly featured on top-tier media outlets, including U.S. News, Business Insider, Daily Finance, Huffington Post and more.