Two national retailers are closing locations in KELOLAND: Shopko and Payless ShoeSource.
You may think you’re getting a good deal during the going-out-of-business sales, but are you really?
“You’re probably not going to get your best deals on those first few days,” Jessie Schmidt with the Better Business Bureau said.
Schmidt says sometimes you actually pay more during a liquidation sale.
“Those liquidators come in, and they mark down from the regular retail price. Often times when you’re at these stores, you’re buying things at a discounted price to begin with,” Schmidt said.
So armed with a smartphone, KELOLAND News decided to see what kinds of bargains you can expect.
First we went to Shopko along 41st Street in Sioux Falls. There are some good deals, but it depends on the product.
For example, diapers are ten percent off, making these Pampers Swaddlers the best deal we could find.
We also couldn’t find another better price for this women’s Nike sneaker, but you should price check in some other areas. The Amazon Echo Dot second generation is ten percent off, making it $54, but we found it for $40 at another store in town.
Also at ten percent off the Keurig K50 Brewer is $117 at Shopko, but you can find it cheaper at at least three other stores.
Finally, we checked out the deal on this 50″ Samsung Smart TV. With the ten percent off, it costs $540 at Shopko, almost $100 more than at another big box store.
Then we headed to the Payless store at The Empire Mall. All shoes are 20 percent off.
It’s difficult to price check because many of the shoes you won’t find at other retailers.
Still, we found these Champion sport sliders on Amazon. With the 20 percent discount, they cost $16 at Payless, but they’re $1 cheaper on Amazon.
These men’s dress shoes are $2 cheaper on Amazon, and these Dexflex pumps are $13 cheaper on the online giant’s page.
“The best prices are going to come at the very end, but the best selection is not going to be there either, so that’s always something. How bad do you want it? If it’s something you really want, then you need to buy it at the time you find it,” Schmidt said.
Finds that aren’t always fully a bargain.
Schmidt also points out that when a store is having a going-out-of-business sale, you’ll want to check the company’s return policy.