Please enable JavaScript to view the comments powered by Disqus.

Kip Tips

Best Buys During After-Christmas Sales

Apparel, furniture, HDTVs and more will be deeply discounted after December 25.

Several stores are having big sales now in advance of Christmas. But serious markdowns will appear after December 25 because retailers will be eager to unload items that didn’t sell before then. We’re talking discounts of 75% or more.

SEE ALSO: 12 Things Not to Buy During the Holidays

So if you get cash or gift cards this holiday, you might want to take advantage of after-Christmas sales to get more bang for your buck if any of these items are on your shopping list:

Apparel always is the most-discounted item after Christmas – especially winter gear, says Rob Gough, president of CouponChad.com and DefinitiveDeals.com. He expects Banana Republic, French Connection, Gap, Last Call by Neiman Marcus, Macy's and Saks Fifth Avenue will be great places to shop for apparel because they had the best after-Christmas sales in 2012. These retailers will likely take an extra 25% to 50% off apparel that will already be marked down 75%, Gough says. He suggests looking for coupons online to save even more.

Chocolate that didn’t sell for the holidays is dramatically marked down after Christmas. Gough says to expect great sales from Godiva and See’s Candies, which offer such big price reductions at only two other times during the year – after Valentine’s Day and Halloween.

Advertisement

Furniture. Furniture retailers have clearance sales after Christmas and in January to make room for new models that are released in February. Expect to see discounts of at least 30% and free shipping from online retailers, Gough says.

Holiday decorations are deeply discounted after Christmas, so it’s a good time to stock up for next year. For example, Home Depot and Lowe’s will likely slash prices on Christmas lights and artificial trees by 75%, Gough says.

Name-brand HDTVs. Expect to save up to 70% on name-brand HDTVs after Christmas because new models are released in January. Also expect to see discounts of up to 80% on 2013 models of other consumer electronics such as cameras, laptops and tablets, according to dealnews.com.