Savings on purchases of select, previously marked-down merchandise only for total savings of up to 85% off original prices. Excludes full-priced merchandise. Offer valid for a limited time on purchases at Talbots retail stores, online, catalog and phone orders. Prices online reflect discount. No offer code needed. Taxes, shipping and handling fees, purchases of Gift Cards or e-Gift Cards, and payment of a Talbots Credit Card account are excluded from the discounts. Cannot be used for prior purchases. No cash value. Not transferable. Final sale merchandise cannot be returned or exchanged.