When it comes to the big box retail stores, Target is easily one of my favorite stops. I have long been a fan of their trendy sense of style. Since I know I’m not alone in my love of the big red bulls eye, let’s take a closer look at the Target Clearance tag. I’ve included several saving money tips below to make the most of your money.
At first glance, Target clearance tags might seem a bit confusing, but the truth is that you just have to know the code. Start by looking in the upper right hand corner of the bright red clearance tag. You should see a very tiny number that says something like 15, 30, 50, 70 or even 90. These numbers tell you how much an item is marked down. The bigger the number, the better the sale!
Secondly, play close attention to the price. If the price ends in $.04 you know that it has been marked down for final clearance and will not be reduced any further. If the price ends in any other number it will most likely be marked down again during the next markdown cycle as long as there is still inventory in stock.
Next, once an item is placed on clearance at Target, it then typically enters their “every two weeks” markdown schedule, meaning that the price will continue to drop every two weeks until the item either sells out, or is removed from the store. So, if you find something great, but the price is still a little too high, then just wait it out. Keep checking back every couple of weeks and watch the discount dip with the exception of holiday merchandise, their markdown schedule is much quicker! Keep in mind the markdown schedule can vary by region, and is subject to management approval.
Of course, if it is something that you really want, remember the saying that the early bird gets the worm. Because once these items are gone, typically they are gone for good. I will admit I have missed out on a few great buys because I was sure I could wait for a better deal. It’s a great strategy, but it doesn’t always work.
Finally, it’s all about where you look. Every department within a Target store has its own specially designated clearance area. For clothes you will find select clearance racks clearly marked with their bright red signs while other aisles have end caps packed with savings. Happy shopping!