What to Know About 2012 Memorial Day Sales

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You'll see plenty of retailers having sales over Memorial Day weekend. But will the deals really be that good?

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Discounts on apparel and home goods will be some of the best this year, according to dealnews.com , which analyzes deals from past years to predict what will be discounted this year. For clothing, expect to see coupons or promotional codes that take up to 50% off already discounted items.

There are some Memorial Day sales worth noting. Sears is offering up to 30% off Kenmore appliances (and 15% off other brands), 50% to 60% off mattresses and up to 60% off apparel. Several other retailers, such as Best Buy and Home Depot , also will be marking down prices on appliances. If you live in Texas, you can take advantage of a sales-tax holiday May 26-28 on Energy Star appliances to save even more money.

REI claims to be having its biggest sale of the year, with up to 30% off camping gear and clothing. Kmart is marking down furniture 50%. Macy's is taking an extra 10% off on already marked down indoor furniture, patio furniture and mattresses.

Expect to see plenty of sales on patio furniture, lawn equipment and grills. But the real discounts on these items will appear later in the summer, according to dealnews.com. Also, don't expect to see great deals on electronics.

Find your own best deal

Start by checking out the lists of Memorial Day sales and coupons at Offers.com . You might also want to visit some of our favorite deal sites as the weekend approaches to look for Memorial Day discounts.

To find out if your favorite store is having a Memorial Day sale, sign up for its e-mail alerts, or follow it on Facebook or Twitter. If you have a smart phone and are out shopping, download the foursquare app to "check in" at stores and unlock discounts or get freebies.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Personal Finance , Insurance

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