I have been a JBF consignor for 4 years now, and I hit their presale HARD.  :)  I go with a list and measurements in hand, pull out anything I like in her size, then sort through and put back.  I look at the next size up in shirts, knowing she can wear them.  

I also almost NEVER buy anything that isn't on clearance at stores.  Target has a mark-down schedule on their clearance, knowing which helped me get Halloween costumes at 75% off.  I used them to fill a dress-up box, which was a GREAT Christmas gift!  :)

Target holiday markdowns usually follow a 3-3-2 schedule (this came from a discussion forum).  Clearance merchandise goes to 50% off the day after the holiday, then 3 days later 75%.  Again, 3 days after that what’s left is 90% off.  2 days after that it goes away.

The other markdowns are (unofficially) as follows:

When items go on Clearance, Target consistently marks their inventory down to 15%, then 30%, then 50%, then 75% and sometimes 90% if there is anything left.

MONDAY: Kids Clothing, Stationary Items, Electronics, Baby
TUESDAY: Domestics, Food, Women’s Clothing, Pets
WEDNESDAY: Men’s Clothing, Toys, HBA, Lawn and Garden
THURSDAY: Housewares, Shoes, Lingerie, Sporting Goods, Music, Movies, Books, Decor, Luggage
FRIDAY: Auto, Cosmetics, Hardware, Jewelry

Hope this info helps someone find good deals!  We can all use the help!  :D