Everyone wants to know how they can save more money at Target, right? It’s not good enough that Target is already a large discount retailer. Or are they? How come I end up spending $150 or more every time I shop there?! Plus, I have to pay full price for coffee drinks at the Starbucks inside my local Target since I can’t use my Starbucks discount card there.
Anyway, I can’t take credit for coming up with the following information. The July 2010 issue of Consumer Reports Magazine lists the best stores for practically anything, and how you can save money at each of your favorite big retailers. So here it goes. I’m going to list how you can save at these retailers, but pick up a copy of the July 2010 issue of Consumer Reports for even more information on these large retailers. I’ll start with Target first since it’s my favorite hang out (mostly because of the Starbucks in my Target–discount card acceptance or not)
Target: Sign up for text or e-mail alerts and receive coupons (I just did this the other day and I receive daily text alerts for what’s on sale that day at Target), deals, and weekly ad reminders. Check Target’s website for daily specials and clearance items (30 to 70 percent off–oh, the things you could sell on ebay!). Open a Target REDcard charge account and receive 10 percent off a day’s purchases. For every $1,000 spent at Target (or 10 prescriptions filled), cardholders qualify for a day of shopping with an extra 10 percent off.
Costco: Costco doesn’t accept manufacturers’ coupons but sometimes distributes their own coupons. Instant rebates are fairly common. Customers with an Executive membership ($100) qualify for 2 percent back on purchases, up to a top rebate of $500 per year. (You’d need to spend $2,500 to recoup the extra $50–heck, if I was so inclined, I would buy something expensive at Costco–$2,500 or more–that was hugely discounted and then go sell it on Amazon or eBay for a profit AND get that extra $50 back…just saying).
Dillard’s: Join the store’s rewards program, which lets you earn Dillard’s Shopping Passes good for 10 percent off a day’s purchases. Dillard’s cardholders earn points; spend $750 during the calendar year to earn a discounted shopping day. If card spending tops $2,000, you qualify for free shipping on four orders (not so great if you ask me. Plenty of retailers offer free shipping online. In fact, for only $79 annually, you can become an Amazon Prime member and get free 2-day shipping on TONS of products. I think that’s a way better deal).
Kohl’s: Kohl’s cardholders receive an extra 15 to 30 percent off all merchandise. Spend $600 a year and qualify for “pick a day” savings six times a year. If you sign up for e-mail alerts, you save on your next in-store or online order. Occasional promotions give $10 in “Kohl’s Cash” for each $50 spent in a single purchase.
JCPenney: Sign up for mobile alerts about coupons (I love the mobile alerts!), giveaways, and events. Check JCPenney’s online outlet for breaking price markdowns of 75 percent or more on clearance merchandise.
Sam’s Club: Upgrade to a Sam’s Club Plus Membership ($100 per year) to save an extra $350 in services and benefits such as prescription drugs and express shipping. The enhanced membership has a money-back guarantee if you’re not satisfied with the savings.
Sears: Look for the “deal of the day” via the Sears website, Facebook, Twitter, or e-mail alert. If you find a lower price on the same item at a local store, Sears will match the price and give you 10 percent of the difference. (Take in the competitor’s ad within 14 days). Sears doesn’t offer free shipping with their Deal of The Day, however, some items are eligible for store pick up, or if you are a ShipVantage member, you can get free shipping ($79 annual membership for free standard shipping on all mailable items from Sears or Kmart. Get expedited shipping for $.99 and Premium Shipping for $3.99. You can take advantage of a 30-day free trial membership. Hmmmm…..can anyone say, “Amazon Prime!”).
Macy’s: Open a Macy’s charge account and get a 15 percent discount on the day you’re approved and the next day. Cardholders also qualify for exclusive sales and coupons.
Meijer: Meijer recently boiled down discounts to three types. Prices on “Everyday Best Price” items have been cut drastically; “sale” items are cheaper for a limited time; “price drop” items are marked down for longer than a typical sale item. Use a Meijer credit card and save 5 cents a gallon at the retailer’s gas stations. Check website for daily “Big Steals.”
Walmart: Check the website or sign up for e-mail alerts for information on new price rollbacks and special offers.
Kmart: Unemployed? (you shouldn’t be if you’re reading MyMochaMoney:) Apply online for Kmart’s Smart Assist savings card, which offers 20 percent off more than 1,500 items for six months (Starbucks should do this!). Join the Shop Your Way program (also good at Sears and Lands’ End) for bonus coupons and 1 percent back on all purchases. E-mail alerts tell about other discounts.
I hope these big retailer savings tips save you some money. A recurring theme seems to be to check retailers’ websites and get yourself on their mailing lists, and/or sign up for their text and email alerts. Also, follow your favorite stores on Twitter, and “friend” them on Facebook. Then, you’ll be the first one to know when new deals and coupons are announced.