I just read that Walmart has already marked many items down by 50%. This is typical for select items during post holiday sales (food, decorations, etc.). They also tend to mark stuff down even more over the coming weeks, if there is anything left, so keep your eyes open. Dollar General is another one that slashes prices after holidays. They usually start smaller, like 25% off, but they eventually go as high as 75-90% off if they still have items on hand. This is a great time of year for bargain shoppers. I love to pick up ornaments, dish towels, wrapping paper, and more, once the discounts kick in.