Last-minute shopping: Big bargains or bad idea? - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

Last-minute shopping: Big bargains or bad idea?

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SAN DIEGO (CBS 8) - There are just a few hours left to get your Christmas gifts purchased, wrapped, and under the tree, and last-minute shoppers are out in droves.

But are late holiday deals giving those last minute shoppers more bang for their buck?

Scott Graham did it again. Another year of hitting stores Christmas Eve, and it's not fun.

"All the sizes are gone, I'm kind of picking what's left over from what people haven't chosen, who were smart enough to get here earlier," he said.

At least procrastinators have an excuse this year. A quirk in the calendar pushed Thanksgiving later, so shoppers only had 26 days between Thanksgiving and Christmas, compared to 32 last year. As a result 10 percent of consumers are expected to do at least some shopping Tuesday.

But do last minute shoppers get good deals? It used to be no. Retailers knew they had you. But over the past few years, sores have been struggling, forcing them to continue lowering prices to clear their inventory.

"Retailers panic, it's understandable. We're all dependent on Christmas to make our years," Ron Eisenberg of Great News said.

Eisenberg is selling pre-wrapped items to help out his last-minute shoppers, and he's offering them the same deals as the early birds.

"We've been running 15 percent off storewide for a couple weeks now, so it's about as good as it gets," he said.

Most shoppers say while they've seen some bargains Tuesday, Black Friday seemed better.... But no matter how good the deal, you still have figure out how to get it home.

Most retail stores will be closed Wednesday, but if you're desperate for batteries or something else, many pharmacies will be open.

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