Wednesday, January 15, 2014

How To Save Money at Target

I love couponing and subscribe to The Krazy Coupon Lady's daily emails.  In a recent email I found an article about Target's "unofficial" markdown schedule.  I decided to post it in my blog mainly because I never want to lose something so valuable!  I love Target and have spent quite a bit of money at that place over the years.  

Monday: Baby items, children’s clothing, electronics, and office supplies/gift wrap/stationery

Tuesday: Home décor, women’s clothing, and domestic items

Wednesday: Food, health and beauty items, men’s clothing, toys, and garden items

Thursday: Lingerie, housewares, sporting goods, shoes, and luggage

Friday: Cosmetics, jewelry, hardware, automotive, and home improvement

"Every two weeks” markdowns:  Target typically further reduces unsold clearance merchandise every two weeks once the markdowns have begun.  For example, if you are watching an item and see that it has been marked down 30% or 50%, come back in another two weeks to see if it has been marked down further.

How to Read Target Clearance Tags

1.  When an item goes on clearance at Target, the first markdown is usually 15%. You can tell exactly how much the item has been marked down by looking at the upper right-hand corner of the red clearance tag. If you see the number 15, it is marked down 15%. The last digit of the item will usually end in the numbers 6 or 8 (for example: $7.48).

2.  30%, 50%, 70% and 90%: If you look closely at the red clearance tag, you might notice the higher clearance numbers 30, 50, 70 or even an amazing 90! 

3.  Price tags ending in $0.06 or $0.08: If the price of the item on clearance ends in $0.06 or $0.08, the item will be marked down again during the next markdown cycle as long as there is inventory in the store. The item typically will remain at the current percentage off for two weeks before progressing to the next level.

4.  Price tags ending in $0.04: If the last number in the price of the item ends in $0.04, the item has been marked for final clearance, and this is the lowest price at which Target will sell the item.

5.  Sectioned clearances: Seasonal merchandise such as holiday, back-to-school, and summer items are examples of these clearance products. Many of these are holiday-branded and will be reduced at a much faster rate than the typical two-week increment because Target needs the space for new inventory. Often the products begin at 50% off, then are reduced to 70% off, and continue on up to 90% off within two weeks.

6.  Gift card bonus price endings: Though unrelated to clearance items, anything that ends with $0.49, $0.79 or $0.99 indicate a Target Gift Card promotion is in effect. The Gift Card offer details will be listed at the very top in red, and the amount of the gift card will be listed on the card or offer.


Thanks again to www.krazycouponlady.com for this great information!  If you have never checked them out, please do so.  I check their website on a weekly, if not daily, basis.

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