Parents may want to check out the winter clearance sale at Toys R Us and Babies R Us.

There are markdowns on baby clothing and gift items, strollers and toys. Some of the clothing is priced as low as $3.98. For a coupon for an additional 20 percent off go to Babies R'

Otterbox Defender series iPhone5 cases are on sale on Grouponfor $14.99 plus $2.99 shopping. They normally retail for around $50.

Walmart has a Seiki 50 inch 1080P flat screen tv on sale for $409. It is now sold out online but is still available in some stores.

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