PORTLAND, Ore. (TheStreet) -- February is a retail no-man's land where January's post-holiday deals go to die and March's malaise hasn't quite sunk in yet. That said, there are a few Presidents Day deals for consumers here and there.
Car dealers have enough bunting, streamers and wacky waving inflatable arm guys outside their showrooms to convince the more easily distracted customers that Presidents Day is the midwinter equivalent of Black Friday, but that's simply not the case. After the recession took effect in 2008 and made February sales stronger than those seen during that year's holiday season, February has ranked among the worst retail sales months of the year, according to Census Bureau data.
February retail sales cratered at $337 billion in 2009 before inching back to the record $372 billion reached in 2008. Last year, February sales hit a whopping $404.7 billion but still fell shy of March's $406 billion total. After the holidays, the post-holiday sales and Valentine's Day, America seems just fine with putting away its wallet until that end-of-March Easter uptick comes around.
If shoppers know their retail calendar and are willing to brave the elements and give up a day off on President's Day, there are still some savings to be found. With help from the folks at Lifehacker, we came up with five items that are best bought by Presidents Day or only slightly later:
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV