I popped into Melanie Lyne store today and they have a huge clearance - up to 80%off. Their blazers are especial good deal - I found a great cotton blend white blazer for $40 - marked down from $165!
I don't know if this is Canadian only chain or if they have stores in US as well - they are the same like Laura but higher end and they have really nice well made stuff.
Here is their website:
http://www.melanielyne.com/en/index.spy
Note to myself: need to check out this store on regular basis...
ETA: their website really sucks - does not look like they have online shopping at all!