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  2. Closeout (sale) - Wikipedia

    en.wikipedia.org/wiki/Closeout_(sale)

    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 ]

  3. Wholesaling - Wikipedia

    en.wikipedia.org/wiki/Wholesaling

    The Birmingham Wholesale Markets. Wholesaling or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional or other professional business users; or to other wholesalers (wholesale businesses) and related subordinated services.

  4. Inventory - Wikipedia

    en.wikipedia.org/wiki/Inventory

    While accountants often discuss inventory in terms of goods for sale, organizations—manufacturers, service-providers and not-for-profits—also have inventories (fixtures, equipment, furniture, supplies, parts, etc.) that they do not intend to sell. Manufacturers', distributors', and wholesalers' inventory tends to cluster in warehouses.

  5. Wholesale list - Wikipedia

    en.wikipedia.org/wiki/Wholesale_list

    The web has many free wholesale list resources, that do not require a membership or fee to view the sources. The lists are sorted by product category, making it quick and easy to find a specific product line. Some wholesale list websites have internet forums. Those forums may be frequented by companies who are less than desirable, but promote ...

  6. Vendor-managed inventory - Wikipedia

    en.wikipedia.org/wiki/Vendor-managed_inventory

    2. Inventory Ownership. Inventory ownership refers to the ownership of the inventory and when the invoice is being issued to the retailer. In vendor managed inventory, there is a number of solutions in terms of payment and transfer of ownership. [11] In the first alternative, the vendor is the owner of inventory at the premises of the customer.

  7. Warehouse club - Wikipedia

    en.wikipedia.org/wiki/Warehouse_club

    In 1982, the discount pioneer John Geisse founded The Wholesale Club of Indianapolis, which he sold to Sam's Club (a division of Walmart) in 1991. [2] In 1983, James (Jim) Sinegal and Jeffrey H. Brotman opened the first Costco warehouse in Seattle. [3] [4] Sinegal had started in wholesale distribution by working for Sol Price at FedMart. [5]

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