The Day After
For the next few days, department stores have the most lenient return policies of the year. A friend who used to work at a low-end one (It may have been Ross) said that they'd even take stuff not purchased at their store in order to keep the line moving. They had a standard price for all items that they didn't actually sell, like ten bucks per shirt or something. You might not want to bother going to those extremes, but you can certainly take in all of your previous years' clothes to exchange for new ones.

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