You will find clearence items in a new store. when they open a store they will ahve the product there weeks before they open, because it can take a while to get it all shelved and priced. clearence is almost always company wide, so their items would go on sale too.
Target though is kind of a PITA when it comes to finding clearence. They will ahve specific end caps that are always clearence items, but those are rarely the best deals. The best deals they will usually keep right in the aisle where to product was originally stocked. So unless you are looking for that item, you may never see it.