I just got back from Babies 'R Us and all of their clearance clothing and shoes are $5 or less through August 20th. It does not matter what the current reduced price is, as long as there is a pink clearance tag on it and the price is over $5, it will ring up at $5. Anything already priced under $5 has no further discount.
I bought 20 boutique items (clearanced at between $15 - $30 each) for a total of $100 plus tax. My total discount off was $220. I had so much fun and wanted to share the info with all of you!