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In today’s fashion newsletter, Angela and I featured a Giani Berini leather satchel that was on sale for $37 when we wrote the newsletter a few days ago. Since that time, cause Macy’s waits for no, man, uh, shopper, the price had been raised back to it’s pre-sale price of $75.00, thus reminding us all the difference between “sale” and “clearance”.
So what’s the difference? Well…
A Sale is a temporary markdowns that the store can raise to it’s full price at anytime. A Clearance is a permanent markdown that won’t be raised back to it’s full price.
Again… Sales are the deals, clearances are the steals.