Best Deals and Strategies for Presidents Day Sales

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Consumers Shop  For Fall Clothing
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By Cameron Huddleston

The Presidents Day holiday on Feb. 17 means a day off for some of us -- and the first big sales event of the year for retailers. Several retailers -- including Best Buy (BBY), Macy's (M) and Walmart (WMT) -- already have launched Presidents Day sales. And last year, some merchants continued their sales several days beyond the holiday, according to dealnews.com. So Presidents Day sales can actually last for two weeks, rather than just the three-day holiday weekend. But do these sales really offer good money-saving opportunities for consumers? As always, it depends on what you're buying.

"Presidents Day sales are a great way to save on big-ticket items," says Offers.com Vice President Howard Schaffer. The sales are also a good opportunity to get deeply discounted cold-weather apparel for next winter for growing children by purchasing a size or two larger than what they currently wear, Schaffer says. However, he warns, watch out for new seasonal items such as spring clothing, grills and patio furniture that are promoted along with Presidents Day sales items because they'll actually be at their highest prices of the year.

Here are several items you'll see on sale around Presidents Day, along with our advice on whether the discounts are worthwhile or just mediocre.

Deep Discounts on Winter Apparel

Most retailers already have put cold-weather clothing on clearance racks, with discounts as high as 70 percent.
You can expect those sales to last through Presidents Day, but you should be able to find coupons from most merchants that will let you get an additional 10 to 25 percent off clearance items over the holiday weekend, according to dealnews.com.

In the past, some retailers have offered coupons for as much as 70 percent off clearance items, according to dealnews.com. Download a coupon app, such as the one from RetailMeNot, before you head to the mall to see which merchants are having sales and offering coupons. Don't expect widespread sales on shoes, though. According to dealnews.com, you'll see markdowns only on select items, but the discounts can reach as high as 70 percent.

Significant Savings on Select Laptops

Dealnews.com saw some of the best prices of the year on budget laptops during Presidents Day sales. This year, you can expect to see significant price drops on 15-inch and touchscreen laptops, according to dealnews.com.

But don't expect bargains on powerful systems. For example, the deal experts at Deals2Buy.com alerted us to a Presidents Day pre-sale at Dell (DELL), which has marked down a 15-inch Inspiron touchscreen laptop by $390 to $550. And apparently doorbuster deals aren't just for Black Friday anymore. Dell is offering some now and will have more Feb. 17.

Major Markdowns for the Home

Schaffer says you can expect to see mattress and bedding discounted as much as 70 percent. For example, select mattresses are 30 to 50 percent off -- plus an extra 10 percent off sales prices -- during the Macy's Presidents Day sale. And Macy's has marked down clearance bed and bath items online by an additional 25 percent. Sears has discounts of 60 percent or more on some mattresses.

Look for discounts of at least 25 percent on select appliances at retailers such as Best Buy, Home Depot (HD), Lowe's (LOW) and Sears (SHLD). However, you may find discounts as high as 50 percent off, Schaffer says. You may also be able to find coupons for a specific dollar amount off appliances, according to dealnews.com.

The best bargains among home goods will be on cookware and small appliances, according to dealnews.com. In addition to sales on these items, you'll probably be able to find coupons for an additional 10 percent to 20 percent off.

You'll see lots of tool promotions, but most of the discounts won't be significant, according to dealnews.com. If you find tools marked down as much as 50 percent, you've found a good deal. Schaffer says you will find some discounts this deep. Otherwise, you might be better off waiting until July, when tools that didn't sell for Father's Day are deeply discounted.

Mediocre Electronics Deals

Electronics retailers such as Best Buy, Newegg.com and even Walmart are promoting markdowns on cameras, tablets, televisions and more. But most of the deals won't be spectacular, according to dealnews.com. Several retailers already have marked down prices on 2013 television models, and we haven't seen additional discounts for Presidents Day yet on six great TVs we recently recommended. The standard price cut (so far) on tablets is about $20, but Walmart has dropped the price on a Google (GOOG) Nexus 10-inch tablet by $100 to $399. And Newegg.com has marked down an 8-inch Samsung Galaxy tablet to $299 from $399.


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13 Comments

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weilunion

The mentally ill American blaming the problems with a failed capitalist system on Obama. Both parties are complicit. They both represent the elites. Wake up! Obama is the civilian face of a military dictatorship

February 17 2014 at 7:55 PM Report abuse -1 rate up rate down Reply
weilunion

'President day', memorial day, any American holiday is an excuse to buy, buy, buy.

the commercial culture of conspicuous consumption has commodifed presidents in their search for more profits.

God bless Capitalism

February 17 2014 at 7:51 PM Report abuse +1 rate up rate down Reply
Iselin007

It's no wonder that factory growth is waning in this country. The holiday sales of imported Coats and other merchandise means manufacturing jobs lost in the USA. There are few American offers of US made coats because those jobs were sent off shore with many other manufacturing jobs.

If workers are being kicked to the curb as they grow older they are then unable to pick themselves up and retrain for good paying jobs because they haven't got a new entire life time to live over. Facing age discrimination, debt, and their senior years how can they then be held responsible for not making it?

February 17 2014 at 3:17 PM Report abuse rate up rate down Reply
Iselin007

I remember the story of the business in NYC that sewed labels into garments according to who the store was that was selling the items. Funny much of the stuff was from the same off shore factories with the same poor quality. Nothing much has changed your just paying a different price but getting the same junk.

February 17 2014 at 2:34 AM Report abuse -1 rate up rate down Reply
Iselin007

I'd be worried if I were you apparel of all sorts are taking a hit as the market place changes for the worst. The extended hourly drop and loss in pay for millions of workers is a signal for major problems in apparel and other goods. A lot of the merchandise is poorly made crap toady. You better tug on the sleeves and check the seams before you buy anything that wasn't made in the USA. Most of the stuff is so poorly made off shore your wasting your money no matter whose Label is on the product.

February 17 2014 at 2:24 AM Report abuse -1 rate up rate down Reply
Iselin007

I use to work in Bambergers during the 70's. I met Gloria Vanderbuilt when she was having a show at the store for her Designer Jeans. I worked in the Women's Shoe Department right next to Womens World and the TV and Stereo Department.

I use to meet a lot of the celebrities because either they were hawking their products or shopping in the store. Frank Fields the weather man was hawking his diet book up stairs so my boss let me go up to have danish and coffee for an extra break.

A lot of stores today have their own dress code or company uniform standard. No more suits and ties or other fancy clothing for millions of employees in retail. With the business of outsourcing in full swing only certain people are buying the more expensive apparel today. It's never going to be the same long as things stay the way they are. Have all the sales you want the market is shrinking with only the people with money to burn willing to part with their money.

February 17 2014 at 2:13 AM Report abuse -1 rate up rate down Reply
Iselin007

Stores have been seeing a large amount of apparel left over for quite a few years now. Blame it on the on the weather doesn't wash now when it comes to apparel not selling well. Back in the 70's denim jeans caused many of the dress slacks makers and others to suffer. The designer jeans came out at huge mark ups trying to capture some of the denim sales. The casual look slowed a lot of the sales in suits and ties as computers started hitting the work place. Mainly the higher income consumer that has to look spiffy will shell out the big bucks on apparel. With the 99% hurting their not going to have the assets to keep the game going thus the apparel market isn't going to see a boom anytime soon an thats a fact Jack.

February 17 2014 at 1:47 AM Report abuse -1 rate up rate down Reply
Iselin007

Please don't say "Sale" you never know what those politicians will sell from under us next.

Bankruptcy Sale is about all this country is going to see and the creditors aren't satisfied with food stamps!

February 17 2014 at 12:09 AM Report abuse -1 rate up rate down Reply
1 reply to Iselin007's comment
weilunion

No, they want debt servitude and they got it. Buy? You mean buy on 'credit' or debt.

February 17 2014 at 7:53 PM Report abuse +1 rate up rate down Reply
1 reply to weilunion's comment
Iselin007

Whimpy said." I'll gladly pay you Tuesday for a hamburger today", which must of inspired the politicians in selling the kitchen sink or our jobs to pump their own coffers for re-election!

February 17 2014 at 9:07 PM Report abuse -1 rate up rate down
Iselin007

What are you doing 5 years from now? Answer still waiting for the jobs!

February 16 2014 at 11:52 PM Report abuse -1 rate up rate down Reply
Iselin007

George Washington is the only President an ancestor in my family tree is noted as knowing personally. Lincoln didn't even win NJ! As for the rest some sold our jobs out to NAFTA and the other unfair trade deals an this is why were in the mess were in today!

Nice sell out our jobs then try to sell us some coats! Must be a wool coat because thats what they are poulling over our heads! Sale?; it's got China written all over it.

February 16 2014 at 11:50 PM Report abuse -1 rate up rate down Reply