It’s the start of both a new month and a new year. And if you still have breathing room in your budget after the holidays, January can be a great time to pick up some spectacular deals!
The post-holiday month has long been known for “white sales” when retailers drastically lower the price on bedding, towels and anything that’s generally cotton-y and fluffy.
But the savings in January are about so much more than just that.
Here Are the Best January Deals
Clearance Christmas Decor, Wrapping Paper and Supplies
OK, we’ve finally made it through the craziness of the holidays! That means it’s time for deep discounts on anything Christmas-related. Now is the time to stock up for next year.
It’s not uncommon to find markdowns of up to 70% or more (and you know you’re going to need it all over again come December). Just be sure to shop early to get the best pick of what’s left over.
January is a big month for semi-annual sales. This is especially true for the clothing and shoe categories.
By the time winter officially began on December 21, clothing retailers started gearing up for spring. Factor in the push to unload unsold clothing, athletic sneakers and shoes after the holidays, and you’ve got a winter savings tsunami on your hands!
Warehouse Club Memberships
Clark Howard is a big fan of warehouse clubs including Costco Wholesale, Sam’s Club and BJ’s Wholesale Club. If you’re not a warehouse club member, January is a great month to join because you can easily track your savings all year long.
Meanwhile, Clark compares the three main warehouse clubs to his children and says it’s hard to pick a favorite. Yet when pressed, the answer becomes clear!
“The maximum mark-up in Costco is 14%, except for [store brand] Kirkland Signature at 15%. Those are the lowest markups above cost in retail,” he says.
Also of note: Costco’s incredible return policy!
January has a few notable food holidays that usually offer the opportunity to get some discounted or free food. We get started early in the month with National Spaghetti Day on January 4.
Other potential opportunities include National Hot Pastrami Sandwich Day (January 14); Chocolate Cake Day (January 27); National Blueberry Pancake Day (January 28) and National Croissant Day (January 30).
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Supply chain issues and pandemic shortages continue to dog the deals on TVs. But as a general rule, the first couple months of the new year are a good time to score a deal on a new television.
There’s a big push at retailers ahead of the conclusion of the NFL season, and that’s when prices really start to drop. So if you’re looking to upgrade to a bigger screen size or a new technology ahead of the big game, the start of a new year is a great time to look!
Martin Luther King Jr. Day Sales
Department stores like Macy’s have long been known to run sales during three-day weekends like MLK Day. The federal holiday is observed on the third Monday of January each year.
Amazon is one of the most popular retailers on the planet. But what happens after the holiday season when everybody buys from Amazon and invariably a great number of gifts get returned?
They get refurbished and resold at discounted prices on Amazon Warehouse. Popular product categories for stealing a deal include smartphones, laptops and desktops, tablets, home and kitchen appliances, game consoles and office products.
Sometimes, there will be an additional discount on top of the already lower prices, most often 20%, but up to 30%. We expect we’ll see an Amazon Renewed discount as all these returned items come back from the holidays.
Exercise Equipment and Online Fitness Classes
The start of a new year is always a time for fitness resolutions. No wonder you can find great deals on exercise equipment and online fitness classes right now!
When it comes to equipment, the big sporting goods stores are great places to check. In addition, Woot’s daily deals can offer big discounts.
Online classes also go on sale this month. Best of all, many offer free trials. Stay up to date with the latest offers right here.
Just keep in mind one general word of caution from Clark Howard at this time of year: Long-term gym contracts will really keep your wallet on a treadmill — and not in a good way.
“Signing a contract will not get you to work out,” Clark says. “You may have the best of intentions, but most people quit working out within six weeks. So don’t obligate yourself to a multi-year contract.”
Now that we’re through the holidays, January offers a great time to snatch up some deals if you still have funds to spend freely!
Want to see what’s on sale at this exact moment? Check out today’s best deals from ClarkDeals.com.