How to Save Money from Excess Retailer Inventory
on Topics: Money Saving
According to Consumer Affairs, many stores overstocked this last quarter in an over anticipation of Summer sales. Big box stores such as Walmart and Costco are finding themselves needing to reduce stock. Even retailers such as Gap, Kohl’s, and Nordstrom have been caught in the conundrum of having too much stock and not enough space for Fall. This is where their loss can be your gain.
For those of you looking to save money, this is your opportunity to catch a break from recent high inflation.
Peruse your favorite shop’s website online as well as visit your nearby stores. Some discounts may be announced, others may be more discrete. Do a little research online or reach out to stores. Ask them if they will have any discounts or sales soon. This is your chance to land some of those items you’ve been holding off on or have been hesitant to purchase at a heavily reduced price. Even furniture and home stores such as Macy’s may have slashed the price on that chair you’ve had your eye on.
Now, if you have a little money sitting in your savings account and you’re looking for a way to earn a little extra cash, think bulk.
Some of these sales can have some deep discounts. Purchase a few extra of that cool sweater or home item you found. Be sure not to get carried away. This is not the time to load up that credit card. By utilizing websites such as Poshmark, Tradesy.com, or Facebook Marketplace, you can find that just a little extra effort can be beneficial to your wallet! If this is your first time selling items online, be sure to start small. Now who doesn’t like that?! Cheers!