Fall Fashion vs. Summer Sales

QVC.  There is a dichotomy going on at QVC’ this week.  On the one hand, clearance is going on for Fall fashions including coats from Dennis Basso, in some cases even on easy pay. On the other hand, new featured price Fall fashion is being offered by Dennis Basso and George Simonton, among others.  What may be happening is that designer overstocks from last year are being sold as clearance at the same time new Fall merchandise , with special pricing, is being offered to boost flagging sales.  At any rate, the bargain hunter can pick-up some bargains at the same time seeing how they will fit in with the upcoming season’s trends.  Worth a looksee!

Lane Bryant Instore End of Season Blowout Sale.  Great deals on summer togs including tops, slacks, and jewelry.  Most items are 50% off markdown price, and be sure to bring in your coupons.  Buy $75 worth of sale items and apply the coupon for an additional $25 off.  This can equate to getting some items absolutely free.  In real terms this means merchandise that retails for $150, you can end up paying only $5o!  That’s a total savings of 70% off.  Lane Bryant is also getting a special line of  jeggings for Fall.

Summer Heat Means Sizzlin' Sales!

*Macy’s.  This retailer has been discounting merchandise the past two weeks with clearance racks up to 80% off.  Stock is limited at that level; however, there remains a good selection of merchandise at 65% off.

Herbergers.  Like it’s sister store, Younkers, yellow dot clearance marked up to 60% off last markdown.  MarkdownMom found Ralph Lauren, Evan-Picone and other designers at terrific savings.  Check out their ºyellow dot shoe sale that includes summer sandals.

Target and WalMart.  These retailers have controlled their inventory and stock is limited on apparel.  MarkdownMom finds high-end retailers mentioned are a better bet for higher quality designer merchandise at competitive prices.  However, check out summer hard goods for lawn and patio, in addition to electronics. Stores are beginning to stock Back-to-School.

Home Shopping Networks.  You will continue to see markdowns and increased number of easy pay,value pays, and flex pay payments extending consumer payments on merchandise bought.  However, markdowns are usually less than mortar and bricks retailers, but for big ticket items of electronics this may be the way to go.  One caveat is to compare prices with other retailers before weighing in on monthly payments for the best deal. 

Auto Sales.  Because of the Cash for Clunkers and the cost of new cars, inventory of preowned vehicles is down and prices reflect that.  However, next month the new models will be coming out and trade-ins should ease this shortage.  If you are looking for a new car, start looking for deals on 2010 vehicles as sales are down and dealers are more inclined to make a sale. 

TIP:  Retailers inventory was heavy going into summer and financial experts expect that will continue  into Back-to- School especially retailers like Abercrombie & Fitch and American Eagle Outfitters, so you may see early Back -to- School markdowns.

Tip of the Week #50: Shopping Clearance 101: Missing Price or Misplaced?

Well, Shopping Clearance 101 continues with this lesson. You find an item on the clearance rack or clearance bin, but it doesn’t have a price tag. Is it regular merchandise placed wrongly in the clearance section? Or, you find an item marked down by 50% on a 75% clearance rack. Was the item overlooked in repricing or is it correct?

Markdown Mom’s Shopping Rule #1: Always scan the UPC label for everything that you purchase before you buy it. By doing this you may be surprised at your extra savings and, further, you avoid any checkout overcharges.

If the store doesn’t have a customer scanner, ask the clerk to check it with a hand scanner. Knowing the price ahead of time helps in the decision-making process as to its’ purchase. First rule of thumb, any items that you like, but are unsure of the price, put it into the cart. It’s easier than going back to find a particular item if you change your mind.

Sometimes regular merchandise gets mixed in with the clearance. However, at other times, not all the clearance on the rack have been ticketed with the reduced price. For instance, recently Markdown Mom found a top that was priced at 50% markdown on a 75% off sale rack. Now many waiting for a better price would have put it back. But Markdown Mom took it to the scanner that showed it was indeed 75% off!

Sometimes you will find items with no price in a clearance bin or rack like this L’Oreal Lineur Intense eyeliner. Oftentimes, this is regular merchandise discarded willy-nilly by a customer. On this occasion, Markdown Mom checked with a clerk and indeed it was on clearance, instead of retail price of $8.99, Markdown Mom paid 87¢!

Another instance of why it is good practice to scan your prices is that the price may not have been changed at the register and to prevent an overcharge, it’s good to be prepared and correct it when it is scanned in by the salesperson. For instance, DVD movies were on a special rack at 2 for $11.00, but one of the movies rang up at $6.99. Letting the salesperson know ahead of time, prevented the wrong price from being charged and an bill adjustment at the customer service desk.

With bargains hard-to-find, and money harder-to-come by, every centavo counts. Rechecking prices takes a little more time, but if you take the time to go through the racks and the bins to find a bargain, taking a little more time can really pay off.

Scan Twice & Save More!

Wednesday Steals: Rolling Out Summer Sales

Steal: Macy’s has 99¢ shipping on all clearance! This is good now through Sunday, July 20, 2008. Plus take an extra 25% off fashion apparel during a 3-Day Sale from July 21st-July 23, 2008.

Steal: Oh, so sorry 20% off today only at Chadwick’s on entire order. Enter promotion code: CHSORRY. Only good through midnight tonight.

Steal: Say Cheese! igourmet has 50% off its’ most important cheeses through Friday, July 18, 2008. If you are a cheese lover, just looking at their offerings will make your mouth water.

Steal: Office Depot® has some real sizzlin’ summer steals in time for back-to-school. HP Pavilion Desktop $399.99 after its’ in-store $30 rebate on purchases of $150, and mail-in rebate. Plus now through August 30, 2008, take an extra 10% off your office needs–no minimum purchase, excludes technology.

Steal: drugstore.com has Chi hair appliances up to 60% off, best prices anywhere for salon equipment to give you that professional style.

Steal: Saks Fifth Avenue. I know, but hey if you got the bucks, this is still an added deal. Free shipping on any order. Use promo code: SHIPFREE.

Steal: Coldwater Creek markdowns on clearance of up to 60% off. Save even more at their outlet sale where you can find tees reg.$39.50 for $6.99.

Steal: Ann Taylor has up to 70% off clearance sale. Petites be sure to check this sale out, MDM found that hot yellow (lemonade) jacket in XL Petite, reg.$88, steal $49.99

Steal: Lands’ End is having its’ summer sale with prices up to 65% off. Known for its’ quality cotton interlocks, now is the time to shop the bargains.

Steal: Estée Lauder has a semi-free giveaway. With any purchase, you can select 3 free samples. Purchases of $50 qualify for free shipping. A good time to try their humidity proof cosmetics, Double Wear.