Labor Day 2014
Check out the top Labor Day 2014 sales for clothing, furniture, appliances and more. Reuters

The end of August is one of the best times of the year to get your retail therapy fix, thanks to unlimited Labor Day sales. This weekend, expect markdowns on everything from clothes and electronics to mattresses and furniture.

Labor Day weekend is a big deal for consumers, but it's also big for retailers, since they need to clear out old merchandise and make room on the shelves to prep for the holiday season, financial expert Chris Hogan told International Business Times. That means great deals to be had, but Hogan advises consumers to have a plan to avoid overspending. "No matter how good a price [a shopper might see], they need to follow a game plan for their money and ... have a spending plan," he said. "Set dollar amounts that they are spending on items."

So how can consumers make sure they are getting the most bang for their buck? "I think the first important way is to know exactly how much the item is going for, do research online and make sure you’re getting the best price you can for the item you’re interested in," Hogan tells IBTimes. His additional tips for making your Labor Day weekend shopping a success:

-Don't buy merchandise just because it is on sale.

-Buy only if you can afford.

-Stock up on good-value items, but only if you have the cash.

Keep Hogan's advice in mind as you check out our list of top clothing sites, furniture stores and electronics stores offering great deals:

Clothing

American Eagle: Take 25 percent off your purchase with code 952367P1 and enjoy free shipping through Monday

ASOS: 75 percent off clearance sale with free shipping on orders over $25

Banana Republic: 40 percent off your purchase online and in stores with code BRLABOR, valid until Monday

Club Monaco: Extra 50 percent off clearance items, extra 40 percent off sale styles with code HEYFALL

Express: 40 percent off all items, excluding gift cards and watches

Forever21: Buy 1, get 1 free clearance sale with promo code BOGOFREE online, valid until Monday

H&M: Deals on clothing start at $4.95. Offer ends Monday

Loft: Extra 40 percent off sale styles for a limited time only on already reduced styles as marked on Loft.com

Macy's: Extra percent or 15 percent off plus free shipping at $75 and free returns by mail or in-store. Offer ends Monday

Neiman Marcus: Save up to 40 percent off regular prices online. In-store offer valid through Monday

Victoria’s Secret: $15 off $100, $30 off $150, $75 off $250, $150 off $500 using code FALL14

Electronics

Apple: Buy a Mac for college by Sept. 9 and get a $100 Apple Store Gift Card. Or buy an iPad or iPhone and get a $50 gift card

Best Buy: Save 10-30 percent on major appliances and up to 25 percent off HDTVs until 09/06/14

Target: Get discounts in stores and online on everything from TVs to sports gear. Deals include Samsung 40″ LED SMART TV: $399.99 (originally $499.99) and NFL boys' jerseys: $19 (originally $24).

Walmart: Online only Labor Day sale this week, with deals on clothing, electronics, furniture and more. Some deals include Sceptre 50″ LED HDTV: $378.00 (originally $599.99), South Shore Basics Full Platform Bed: $ 134.00 (originally $139.00) assorted colors, and Men’s 26″ Mongoose Mountain Bike: $ 125.00 (originally $139.97).

Home

JCPenney: Extra 20 percent off with your JCPenney credit card or extra 15 percent off with any other method of payment, or in store and online extra 10 percent off furniture, mattresses and custom blinds and shades.

Kmart: Pre-Labor Day sale has deals in-store and online on appliances, games, and more. Deals include Extra 15 percent off all Bongo & Dream Out Loud Apparel with code: FALL15, $12.99 (originally $24.99) Northwest Territory Big boy Recliner, and $39.99 (originally $79.99) MD Sports 48″ Foosball Tables

Lowes: 10 percent to 30 percent off major appliances $399 or more, plus free delivery and haul away until 9/03/14.

Overstock: Up to 35 percent off plus an extra 10 percent off select living room furniture, bedroom furniture and dining room furniture. Up to 45 percent off plus an extra 10 percent off select area rugs, bedding and bath, and garden & patio.

Sears: Free delivery on appliances $399+ and on mattresses $599+, 40 percent off or more on appliance super buys, up to 35 percent off Kenmore appliances, extra 10 percent off and up to 60 months special financing on mattresses $599+