Target Time: New merchandise and a little 'Gossip Girl'

The end of July brings a slew of Target store openings, and that means first pick on new designer lines and back to school merchandise.

I've learned a lot of shopping tricks during my years covering retail as a business reporter. One of them being the best times to shop for new merchandise. At Target, this occurs three times a year when the retailer opens new stores: March, July and October.

Target is one of the most disciplined and regimented retail chains in existence and the new store schedule is no exception. Some will "soft open" a bit sooner, but nationally July 26 is the grand opening date. If you live near a new store, it's a perfect time to shop.