If you live in Canada – and you haven”t been under a rock for the past month – you know that Target’s Canadian operation has filed for bankruptcy. Since the news broke earlier in January we’ve all been wondering about the impending liquidation and fire sales. Well folks, they’re here!
Assuming everything is progressing as normal, Thursday February 5th marks the beginning of the liquidation.
If you’re like me you have a list about 5 deep of things that you would purchase at Target is the price was right, and thursday the PRICES WILL BE RIGHT! I’ve come up with a couple of pointers and a list of some items to look for that will help you capitalize on this massive misfortune.
1. Pre-shop your preferred store.
This is a must for anyone who seriously shops on major sale days, regardless of the store.
Walk the layout of the store the night before to see what’s happening. Locate the skids and palettes of popular items, and take note of any signage or new accumulation of product i.e deep discounts
If a store knows that certain items are in-demand and will going at a really good price, chances are they’ll load them onto pallets in the middle of the aisles and major avenues of the store. It’s a great way to get the product to the customer fast, and doesn’t require sales people to keep running to the stock room because the shelves are empty. This also means that your beloved product might be on the other end of the store from where it belongs.
In Quebec city, the targets have been shipping their product to two of the stores for easier liquidation, so make sure the store you want to go shop is the one with the most product.
2. Check the store’s opening hours, and ask about any line-up rules
Since Target is having another company handle the liquidation, and because the deals are going to be “crazier than Black Friday” the company overseeing the prices may have “people with clipboards and walkie-talkies” at the door tomorrow overseeing line-ups to make sure you’re not holding a spot for 10 people, or cutting in line etc. basically to avoid shenanigans and someone dying.
Think of the American Black Friday shenanigans, and then prepare for that.
3. Bring a friend – there is strength in numbers
Are you looking to buy a vacuum, a new comforter set, and some furniture? Instead of pushing/hauling three carts on your own or with a stroller or baby (depending on your situation) bring a friend! They can help you push the cart, snag deals of their own, and make sure you get your deals even if you have a kid with a poopy diaper emergency.
I highly suggest you offer this friend a coffee and some donuts after the fact for braving the hellfire that will be Target liquidation.
Also, Target is experiencing very high levels of absenteeism so there may only be like 6 staff in the store (and hopefully they’re all at the check-out). So there is a good chance there will be no one there to help you find things. Hence the pre-shop.
4. Know your price point limits
Do you have a budget? you probably should. There will be deals and bargains everywhere, but it’s only a deal if you needed the item to begin with. Since liquidation prices may not be stickered (remember those 6 employes?) and it may just be a blanket “50% off everything!” have an idea in mind of how mch you’re willing to pay for an item and grab a calculator just in case.
ex. I really want their circular tufted ottoman, currently on for 119$. I will not pay more than 80$ for it tomorrow. May the odds be ever in my favour.
For the record, laundry detergent and toilet paper are always needed, so even if they weren’t on your list – grab some! Are you crazy?!
5. Remember, Starbucks is closed! So grab your coffee and sustenance beforehand.
Things to grab on sale
With all this being said, what are we actually going to Target for tomorrow during the liquidation? I have promised my husband I won’t be coming home with another set of lamps and nowhere to put them. I have however listed-out some items I suggest you keep an eye out for:
– The Dyson vacuums and other brand name vacuums: because they’re really expensive, so if they go on liquidation, grab one! Be warned though, some warranties are not extended to items purchased on liquidation. Look into that before sinking a fortune on one.
– Kids clothes: We don’t have kids, but if you do, or are expecting, stock up! Their brands are great and very on-style, so make sure you shop for a couple of sizes/ages.
– Picture frames: Target’s line of frames are really nice, read, better than Dollarama and Walmart. They’ll probably go for a good price so stock-up! This is a great time to grab matching sets too.
– Accent furniture: some of their Threshold pieces are really fun and pretty well built. Depending on your level of whimsy and commitment to trendy items, the Nate Berkus stuff will be a good deal too.
– Dishes and cutlery sets: it’s brand name stuff for the most part and if you can get a full set for a steal, I say go for it!
– Seasonal decor: Check to see what they bring out of their store rooms from previous seasons. Sometimes they take entire seasonal collections off the floor before they go for too little. They may bring those back out for this! They had some cute patio umbrellas and waterproof pillows that I never managed to get, so I’ll be looking for them.
How will you be shopping the liquidation?