Heh, I've made clearance shopping a sport.
Mostly I dig through the clearance racks at The Limited, Express, The Gap, Banana Republic, and Victoria's Secret Clearance Catalogue. (Structure for Mr Isla, Gap Kids/LimitedToo for the rugrats, and Gymboree/Baby Gap for the baby)
I hardly ever pay full price for anything.
When you have to shop for clothes for 5 people, you learn that everything goes half-price or less eventually!