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The Rapha Foundation was created in 2019 by Rapha co-founder Simon Mottram and shareholders Tom and Steuart Walton to fund various non-profit cycling organizations, and to introduce cycling to a wider audience. It provides $1.5 million a year in funding, and supports non-profits in the UK, United States, Germany, Australia and Japan.
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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 ]
Shortly after declaring bankruptcy and closing a significant portion of its stores, the company is launching massive closeout sales and preparing to potentially go out of business.
In 2007, Facebook introduced the Facebook Marketplace, allowing users to post classified ads within sale, housing, and jobs categories. [75] However, the feature never gained traction, and in 2009, control was transferred to Oodle, the platform powering the functionality. The feature was then eventually shut down in 2014. [75]
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Al's Auto Supply – Chain that operated in Washington, California, Idaho, Oregon, Nevada and Alaska; purchased by CSK Auto.Founded by Abe "Al" Wexler in Everett, Washington in the late 1950s; [1] [2] sold 15 store chain to Paccar in 1987; [3] Paccar sold chain (along with Grand Auto) in 1999 to CSK Auto which eventually rebranded stores as Schucks.