Labor Day sales may deliver some great deals, but shoppers shouldn't forget this ever useful piece of consumer advice: "Buyer beware."
Retailers are offering deep discounts to lure consumers, who they hope will open their wallets to buy higher-margin items. Stores are under increasing pressure this year to boost sales given a brutal retail environment, with more than 10 retailers already filing for bankruptcy this year.
Bricks-and-mortar stores are feeling the pressure amid the rise of online retailers like Amazon. On top of that, Americans are increasingly on the hunt for a bargain and have become more savvy about sniffing out discounts. Still, shoppers can be tempted to make an impulse buy, which is why it's useful to know where you'll be able to find the low-cost items this weekend and what kind of products to avoid.
In general, avoid fall-related items, said WalletHub analyst Jill Gonzalez.
"Fall and soon-to-be holiday merchandise will typically not be discounted, because at the end of the summer season they tend to be the most sought-after items," she added.
The corollary is that summer-related products are usually a good bet at this time of year, since stores are eager to sweep out their warm-weather stock to make room for fall and winter inventory.
Shoppers should look for sales on grills, patio furniture and summer clothing, according to BestBlackFriday.com, a shopping information site. Mattresses are typically on sale, with retailers expected to offer discounts of up to 50 percent, BestBlackFriday.com's Phillip Dengler said. Appliances are also likely to be a good deal, with Home Depot offering up to 40 percent off on some appliances.
Perhaps most important: Do your research before heading to the store, Gonzalez advised.
"Do some online browsing before diving into actual purchases, so you can compare deals easily," she said. "Start early and plan your purchases ahead of time, so you don't indulge in overspending and impulsive buying. This should help you find the best deals to spare your wallet."
Read on to learn about the seven items you should avoid buying over the Labor Day weekend.