Like other federal holidays, Presidents Day has traditionally been known for sales at places like furniture stores and car dealerships, but times have changed.
According to a recent consumer report by the finance website Go Banking Rates, over the past few years, Presidents Day has become one of the leading holidays for online shopping sales. In 2011, Presidents Day was actually second only to Labor Day for holidays offering the highest average discounts on clothing, shoes and accessories online, according to a survey by the discount shopping website Shop It To Me. Retailers offered online savings at an average of nearly 47%.
“Are Presidents Day sales worthwhile? That depends on what you are buying, and where you are looking for it,” said Go Banking Rates expert contributor, Clay Wyatt, in a press release. “This year the President's Day sales are trending towards snow gear, apparel, home goods, and items for children and babies -- and offer the best rewards to online shoppers.”
The percentage of items on sale may be smaller than on big online shopping days like Cyber Monday, but the items that are on sale today have a much higher discount -- about 47% off -- according to Shop It To Me data.
If there’s something in particular that you’re looking for, you can check out coupon code websites to find out if there’s a discount for it hiding somewhere in cyberspace. And any time you’re looking to save, sites such as RetailMeNot, Valpak, Shop It To Me and CouponCodes are great resources for finding deals and discounts, both in-store and online.
Here’s a roundup of some of the best deals and discounts being offered Monday:
Ann Taylor: 30% off on select full price items online with coupon code SHOPCHIC. Plus, 40% off all sale styles.
Macy’s: Big deals vary based on the type of product. Discounts include 15% off purchases of $99 or more; 30% to 50% off sterling silver, 14K gold, pearls and other jewelry; 60% of select men’s outerwear; 50% to 75% off clearance shoes and boots. Use coupon code PRES at checkout.
Bloomingdale’s: “Big Brown Bag Sale” includes 20% to 40% off various items.
Best Buy: 10% to 25% off major appliances, including laptops and the deals include free shipping.
Gap: Up to 40% off select styles in-store. Get 30% off online!
Old Navy: Deals are in-store and online at Old Navy. You get 15% off your purchase or 20% off if you use your Old Navy, Gap or Banana Republic card. And if you’re shopping for the kids, you can get up to 40% off select kid, baby and maternity items through Wednesday!
Banana Republic: Free shipping for online orders over $50, including free returns by mail or in-store. Use coupon code BRSHOP30 at checkout.
Urban Outfitters: Offering discounts on more than 2,000 products through Feb. 20.
Madewell: 30% off sale styles, plus free shipping on all orders!
Wal-Mart: The big-box discounter is offering even bigger deals in honor of President’s Day. The world’s largest retailer is offering savings on big purchases such as TVs, an iPod Touch and other electronics!
Shoes.com: Get an extra 25% off all sale shoes with the coupon code 25SALE.
J. Crew: Save an extra 30% on final sale items with the coupon code SHOPNOW, and get free shipping on orders of $100 or more.