It's halfway through the summer and retails stores across the nation have started their back to school sales.

Staples is currently having their annual penny sale. Every week, new items are being offered for only 1 cent each. This week, a 2-pocket paper folder, Staples school glue, and slider pencil cases are being sold for just a penny. BIG wite-outs, Paper Mate Sharpwriter mechanical pencils (5 pack), BIG Velocity gel pens, and Staples translucent pencil box are selling for just 50 cents. Click here for weekly penny deals.

Basic school supplies such as crayons, pencils, erasers, and glue can be found on Walmart, which offers one of the cheapest prices for back to school shoppers. Click here to get Walmart's deals for teachers, parents and students.

Target is holding its back to college sale, where everything for student's furniture, kitchen, dining, bedding and electronics are sold at a reasonable price. For back to school fashion and apparel, tops are being sold for $5 and bottoms for $10. Uniforms are on sale, with polos starting at $5.

Old Navy's back to school sale is among the best for kids' jeans and shirts. All kids' denim are on sale for just $10 and graphic tees at just $5.

For best deals on backpacks, Andrea Deckard of SavingsLifestyle.com, recommends LL Bean. If the backpacks break, the company will replace them free forever.

The back to school sale period is also the year's best time to shop for laptop and electronic deals, after Black Friday.