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TJ Maxx, Marshalls Selling iPad for $399

If you're looking for a good deal on a new Apple iPad this holiday season, T.J. Maxx and Marshalls doesn't exactly come to mind. Both are owned by the same company and focus on clothing and home décor. Yet according to reports, both stores will offer the 16 GB WiFi-only iPad for a meager $399 USD. That's $100 less than what's offered by Apple and most online retailers.

Looks like Black Friday has arrived a week early.

"The rumors are TRUE! Select (unadvertised) locations/limited quant," reports T.J. Maxx on Twitter.

As the Twitter feed states, TJX Companies did not make any formal announcements regarding the iPad in its two chains. In fact, the company didn't even advertise the tablets, but merely threw up signs in-store. It's speculated that TJX Companies is relying on press outlets to spread the word (cough), saving boat loads of money while raking in iPad seekers who normally wouldn't visit.

As for availability, the tablet won't be up for sale in every store. They've shown up in various stores in New York, New Jersey, Ohio, and even in Florida. According to Mac Rumors, Marshalls stores in Florida will receive 100 iPads per day over a three-day period. A quick local call to the local T.J. Maxx and Marshalls (here in NC) produced no iPad-related results. Bummer.

In addition to drawing in extra business for TJX Companies, it's speculated that Apple over-produced and has a backlog in the channel. It could also be a confirmation that the 2nd-generation, camera-embedded iPad is indeed on the way.