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In this economy, you can find a lot of stores in closeout sales mode. Liquidation stores, which are also often referred to as bin stores, are a great way to get up to 90% off of certain ...
A closeout or clearance sale (also called a closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale ), over-ordering, or especially because of bankruptcy . [ 2 ]
Big Lots Stores, Inc. (stylized as Big Lots!) is an American discount retail chain, specializing in the sale of closeout and overstock merchandise. Founded in 1967 as Consolidated Stores, the chain is headquartered in Columbus, Ohio, and includes over 900 locations across the United States.
The chain focused on buyout and closeout merchandise, and occasionally irregular apparel and factory seconds. The stores were branded Schottenstein's in the Columbus, Ohio, market. The Schottenstein name was dropped in 2008. [1] Also, three stores in Metro Detroit were co-branded as Crowley's Value City. From 1984 to 1995, Schottenstein also ...
Big Lots, which is based in Columbus, Ohio, and operates more than 900 locations across the U.S., sells furniture, lawn and garden, apparel, health and beauty, and other consumer goods.
At the beginning of a going-out-of-business sale, stores or liquidators running the sales often hike prices just so they can "slash" them later, drawing in unsuspecting shoppers looking for a deal.
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