While Valentine’s Day (or Frugaltine’s Day if you will) usually grabs all the headlines in February, winter savings discounts have been trending up over recent years making Presidents’ Day now the best time to buy on many items and categories for the month, and even for the year! Last year revealed the biggest discounts ever on winter apparel, going as high as 85% off original prices, including stacking coupons, loyalty discounts, and BOGO’s. While you should never buy something just because it’s on sale, or worse, just because the retailer says it’s a good deal, if you’re looking for certain items, you’ll want to pay attention to the Presidents’ Day sales.
Presidents’ Day not only held offered amazing savings at retail stores, but online shopping as well, which most everyone believes culminates with the best savings on Black Friday and Cyber Monday. But according to research done by personal shopping site ShopItToMe.com on sales in 2013, Presidents’ Day actually offers the most significant online savings of the year:
|4th of July||45%|
|New Year’s Day||43%|
Retailers are doing most anything they can to grab your attention and get you to buy, including starting the sales early and extending them for as long as two weeks after the event begins. In fact, Best Buy’s advertised Presidents’ Day sale began this past Sunday, February 8th. Most retailers will hit the big time beginning this Friday (your lucky 13th) and run through at least February 21st with many lasting until the end of February.
Here’s what to look for if you have some shopping to do:
Winter apparel sales are in full swing as not only are they being market down and cleared away to make room for the newest spring items, but they’ll also give incentives such as additional coupons to take a percentage off the already reduced prices so that you can easily save 50-85% off your purchase of items like winter coats, sweaters, and long-sleeve items for everyday wear.
The giants like Macy’s and Kohl’s will be featuring not only winter items, but also many basic items (about 33% of all clothing is on sale). When those sales are combined with coupons, they result in great values on everyday basics.
Coming out of the January Consumer Electronics Show, retailers are in the process of weeding out the old and bringing in the new. That means it’s a great time to buy HDTV’s, laptops, tablets, and many other gadgets you were waiting to afford. The savings will range between 30-50% off of new items that have been discontinued, but will still be very much “state of the art” (or at least 2014’s version). As stated before, the sales may have already started and the supplies may not last very long. Look for dollars off coupons that will apply to the sale and/or sale prices at the retailer, or for discount codes to apply online at sites like RetailMeNot or ShopItToMe. Staples, Office Depot, and Best Buy want your business very badly.
Based on the introduction of all the new items in these categories, furniture and bedding are also among the bargains in February. Traditional furniture stores like Ashley Furniture HomeStore and Raymour & Flanigan, as well as stores like Ikea, are ready to move in new merchandise and clear out the old, just like the electronics stores. Look for the ads and extra discounts if these are on your need to have lists.
It is true that Presidents’ Day sales don’t get the same attention as the traditional “gift giving” sales like Father’s Day, Mother’s Day, and Christmas, or even the traditional “great deal” sales like Black Friday and Cyber Monday, but Presidents’ Day sales are truly the real deal! And if you’re in the market for clothing, electronics, furniture, or bedding, why shouldn’t you save as much as possible?
What sales do you believe offer the best deals of the year? Do you have anything on your shopping list for Presidents’ Day?