Sale Vs. Clearance—What’s the Difference?

The following is a guest post from our friends at The Budget Fashionista.

Dear Budget Fashionista,

I’m confused…. I purchased an item on sale for $19 and went back a week later and that same item is now $79. What happened?

Answer:

It all comes down to the difference between sales and clearance. You purchased your sandals on sale, which is a temporary price reduction that can be raised back to its original price. If you had purchased your items on clearance, a permanent price reduction, the sandals would have remained at their marked down price. Retailers often use sales as a promotional tool to get you hooked on a product/service and/or to get you into the store.

An easy way to remember the difference is that sales are the deals and clearances are the steals.

More on Luckymag.com:

• 20 Jackets Under $50
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For more deals and steals please visit The Budget Fashionista.com.

Also check out:

• Banana Republic Spring/Summer 2012
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