How clearance works

kevinp · 2013-01-23T20:49:49.000Z

May be posted elsewhere but I didn't find it. I have been to 6 WMs within a 60 mile radius and have noticed that each one is very different in how they clearance Legos. Talked to a toy manager today at my local WM and here's the details. Corporate office tells all branches to clearance specific items initially (almost always) 20%. Then the store manager gets so much clearance dollars per store at the first of every month to allocate as he/she pleases to each department. It varies but usually the toy manager takes over from there and further discounts clearance items but sometimes the store manager likes to micro-manage and they select the items themselves. My toy manager said her department gets the largest share of clearance dollars but I'm sure that varies by location. So. if you have local WMs and can get in good with the toy manager or their assistant, you can really be on top of things. In my case, I have a video/game store in this small town and I've been here for over 18 years and they are customers of mine so my situation is pretty sweet : ) If nothing else, just remember the first week of the month is when clearance should be further discounted. Wouldn't surprise me if the other Big Box Retailers do something similar. If anyone has questions for me to pass along, feel free to ask.