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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 ]
An outlet store, factory outlet or factory store is a brick and mortar or online store where manufacturers sell their merchandise directly to the public. Products at outlet stores are usually sold at reduced prices compared to regular stores due to being overstock , closeout , returned , factory seconds , or lower-quality versions manufactured ...
A price markdown is a deliberate reduction in the selling price of retail merchandise. It is used to increase the velocity (rate of sale) of an article, typically for clearance at the end of a season, or to sell off obsolete merchandise at the end of its life.
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The Coach Outlet Clearance Sale is an absolute treasure trove. We found fashion icons like the Gallery Tote, Klare Crossbody and Court Backpack in colors and patterns ranging from black and pink ...
A bargain bin refers to an assorted selection of merchandise, particularly software, tools and CDs, which have been discounted in price.Reasons for the discount can range from the closure of a production company to a steep decline in an item's popularity in the aftermath of a fad or scandal.
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