President's Day Has Better Online Deals Than Black Friday, Report Finds

Black Friday might be the most hyped (and most frenzied) shopping day of the year, but newly released data suggest discount hunters may well find better deals on Presidents Day from the comfort of their own laptops. Personal shopping site Shop It To Me analyzed more than 1 million sale items available online from Jan. 1 to Dec. 31, 2013, and found Presidents Day was the best holiday to buy, with an average discount of 47 percent off on that Monday. By way of comparison, Black Friday online retail sales averaged 44 percent off.