Vegas retailers hoping for post-Christmas sales boom
LAS VEGAS (FOX5) -
The day after Christmas has shoppers in Las Vegas flocking to the stores to cash in gift cards and make returns. Analysts predict sales will be up this year but some retailers aren't so sure. Shoppers lined up as early as 5 a.m. on Wednesday at the Old Navy in Town Square to score bargains.
"I think these are some pretty good deals," said Sarah Nelson, who lives in Pahrump. "Normally throughout the store they're almost double these prices."
"There's tons of great sales in here," said Susan Wolfe, who lives in Las Vegas. "Sweaters that are $30 for six. I'm loading up for my school wear."
Teacher Susan Wolfe got gift cards from her students for Christmas. She said she saved about a hundred dollars by taking advantage of post-holiday discounts.
"Because of the economy we spent less this year," said Wolfe. "Just because we were one of those people who went through a short sale on our house."
Despite long lines the day after Christmas, the Old Navy store manager said so far sales are comparable to last year's.
"We are so competitive nowadays we are competing with internet sales," said Old Navy Store Manager Yelena Hamai. "It's not what retailers used to have to do but now there's so many options out there."
The National Retail Federation estimates holiday cash registers will ring up 4 percent more in sales than last year. However, a report released by Mastercard suggests that sales growth during the holiday season was less than expected.
"For us, once Christmas is over things just slow down," said Tiffany Nguyen, owner of Tiffany's Boutique.
Nguyen admits sales were good right before Christmas but not as good after. She's hoping it will turn around with New Year's around the corner.
"We do see that we do pick up slowly," said Nguyen. "I wouldn't see that we are doing very good. It's because of the economy and people don't spend as much as they used to."
Wednesday is the last day for extended hours for many stores for the holiday push. The Old Navy in Town Square will be open Wednesday until 11 p.m. and will go back to normal hours Thursday.
Copyright 2012 KVVU (KVVU Broadcasting Corporation). All rights reserved.
You can download the new FOX5 Vegas mobile app, which now features an Interactive Radar and the MyReport photo submission tool. iPhone DownloadiPad DownloadAndroid DownloadAmazon Fire DownloadFor the bestMore>>
Tuesday, April 20 2010 11:21 PM EDT2010-04-21 03:21:00 GMT
31 people are in trouble with the law after a three day prostitution sting in Richmond. Police told NBC12 they targeted specific areas where residents and business owners complained about the illegal activity.More >
Tuesday, April 15 2014 11:49 PM EDT2014-04-16 03:49:57 GMT
Las Vegas firefighters were called to a home following a report about a fire on Tuesday afternoon. They didn't find a fire, but they did discover a burned body outside the home. According to Las VegasMore >
Las Vegas firefighters were called to a home following a report about a fire on Tuesday afternoon. They didn't find a fire, but they did discover a burned body outside the home. More >
Wednesday, April 16 2014 12:40 AM EDT2014-04-16 04:40:17 GMT
Police have evacuated the area around the Boston Marathon finish line to investigate two unattended backpacks. Police spokesman Dave Estrada says the backpacks were discovered Tuesday evening, a yearMore >
Police say a man taken into custody near the Boston Marathon finish line had a rice cooker in his backpack and is being charged with possession of a hoax device.More >
Friday, April 11 2014 6:08 PM EDT2014-04-11 22:08:56 GMT
A year-long, multi-agency investigation resulted in the arrest of 28 people for charges ranging from murder to racketeering. Law enforcement officers from the Baton Rouge Police Department, East BatonMore >
A year-long, multi-agency investigation resulted in the indictment of 28 people for charges ranging from murder to racketeering.More >
Tuesday, April 15 2014 6:24 PM EDT2014-04-15 22:24:21 GMT
Larry Hadfield with the Las Vegas Metropolitan Police Department confirmed officers were investigating a shooting in the northeast part of the Valley on Tuesday afternoon. According to Hadfield, theMore >
Larry Hadfield with the Las Vegas Metropolitan Police Department confirmed officers were investigating a shooting in the northeast part of the Valley on Tuesday afternoon. More >
Tuesday, April 15 2014 12:10 PM EDT2014-04-15 16:10:48 GMT
Las Vegas Metro police are asking for the public's help in locating 66-year-old Bernard Greenwood. Greenwood was last seen on Friday at about 4 p.m. in the area of Harmon Avenue and Boulder Highway. PoliceMore >
Las Vegas Metro police are asking for the public's help in locating 66-year-old Bernard Greenwood. Greenwood was last seen on Friday at about 4 p.m. in the area of Harmon Avenue and Boulder Highway.More >
Tuesday, April 15 2014 11:44 PM EDT2014-04-16 03:44:05 GMT
A man is behind bars at Clark County Detention Center in connection with the slaying of a woman in 2012. According to his arrest report, Robert Brown, 44, broke into the apartment of his girlfriend, NicholeMore >
A man is behind bars at Clark County Detention Center in connection with the slaying of a woman in 2012. More >