Every July Target has a huge toy clearance! We usually see the big price drop of up to 70% at the end of July. At my Target store there are already several markdowns on toys, and they have even started putting the clearance toys in their own aisle. If you have a Disney princess fan at home check out the markdowns I found on Sofia the First toys! There was an end-cap full of these toys marked 50% off, and I also found some in the aisle. Stay tuned–I will be keeping my eye out for even more hot toy deals!