Since Target's liquidation was announced, the burning question in everybody's mind was undoubtedly how good the clearance sale was going to be.
Liquidation officially began yesterday (February 5) and I ventured to my local Target to check out the sale in pursuit of the answer to that question. Upon arriving, I already noticed a stark difference in traffic. I had previously visited the same Target the day before, just to see if there was anything that caught my eye. The parking lot was pretty much empty, with roughly 15 cars or so. Inside the store, it was even emptier, with a handful of shoppers and less than 5 staff members walking around. Once liquidation began, that all changed.
There were no more empty spots in the parking lot and I could see a continuous stream of people entering the store, despite it being close to 8 PM. Once inside, the first thing I noticed was the huge line-ups at checkout -- everyone was pushing carts full of stuff and there were even more people walking around. So I thought to myself that the deals must be somewhat decent if everyone was buying something.
Let's just say that's not exactly the case.
First off, everything is up to 30% off. After perusing the entire store, I can safely say that at the moment, most items are a disappointing 10 to 20% off. Here are the discounts that I took note of:
- Tablets (Samsung, Apple, e-Readers) - 5% off
- Headphones - 10% off
- Movies - 20% off
- Toys - 20% off
- Video Games - 10% off
- Sporting Goods - 20% off
- Valentine's Day & Easter decor and chocolates - 20% off
- Stationary - 20% off
- Grocery Items - 10% off
- Cushions - 20% off
- Cosmetics - 30% off
- Greeting Cards/Gift Wrap - 30% off
- Skincare and Hair Dye - 10% off
- Fashion Accessories - 30% off
- Clothes - 20% off
- Bedding - 10% off
- Baby - 10% off
So should you make the trip to Target right now? If you're looking to purchase video games or Target-exclusive merchandise, you will want to shop now rather than later. When I visited Target the previous day, everything was pretty well-stocked. By the time I went last night, the video game section (especially the Nintendo 3DS and Wii U games) was pretty much picked clean and all the Beaver Canoe items were quickly swiped off the shelves. Ladies, you'll really need to high-tail it to the cosmetics department, as those items were also being cleared out pretty fast (which isn't surprising, as that was where some of the better deals were). I'd also suggest stocking up on some Valentine's Day decor and chocolates now as well, since they generally won't be on sale at other retailers until after February 14. Similarly, greeting cards are a great deal now as well, especially since brands like Papyrus rarely ever go on sale and they are now available for 30% off.
In conclusion, aside from the aforementioned items, I'd suggest waiting to see if the discounts will increase. Liquidation has just started and is expected to run through May 15, so there's still quite a bit of time for prices to drop even more. Of course, whether or not you want to shop now would ultimately depend on how badly you want a particular item. You could wait around for a better deal, but gauging by how many people were shopping and will be shopping over the weekend, there's a chance the item could sell out before it even reaches that point.
Looking for more clearance information? Make sure to check out the Target Clearance Deals forum here.