Retailers slash prices further post holiday

NEW YORK Retailers may have offered deep discounts during the holiday shopping season, but the real savings appear to be popping up after Christmas.

On the Web site dealnews.com, users can find information on post-holiday sales at a variety of retail stores including The Gap, Kohl’s and Toys “R” Us. According to the site, many retailers are offering items for as much as 80% off their sale price.

According to reports, the number of sales events may be in relation to the growing popularity of gift cards and the anticipation that recipients will be redeeming them in the weeks following Christmas.