With summer sales in full swing, it won't be long before stores have to clear out the last of this season's merchandise. No store sells every item in stock, no matter how low they slash the prices. Where do clothes go when the sale signs come down?
Some leftovers from department stores end up at discount or off-price stores. T.J. Maxx recently boasted the arrival of a large shipment of swimwear from department stores. Each suit was ticketed at $12.99, down from $30 or more. At T.J. Maxx, savings traditionally range from 20% to 60% off department store prices, spokeswoman Dawn Griffin says.
Much of what doesn't get sold in department stores ends up at the stores' own outlet centers. Last-call leftovers from Neiman Marcus are sent to two clearance centers, one in Wayne, N.J. and the other in Austin, Tex. I. Magnin stores in Southern California ship their unsold markdowns to the I. Magnin Finale stores in San Mateo. Nordstrom's clearance goods are sent to Nordstrom Rack stores, including centers in Chino, Santa Ana and Woodland Hills.
Most stores play down their outlets, preferring to direct customers to the main store sales. Not Nordstrom Rack stores. They advertise when they receive large shipments. A recent ad touted the arrival of men's shirts, socks, shirts and ties.