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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. Stock clearance - Wikipedia

    en.wikipedia.org/wiki/Stock_clearance

    When customers are told that the reason for a price reduction is a stock clearance, they find this less attractive than other explanations such as a volume discount. [1] This is because they suspect that the stock clearance indicates that the products are of poor quality. There are a number of companies that specialise in stock clearance.

  4. Sears Hometown and Outlet Stores - Wikipedia

    en.wikipedia.org/wiki/Sears_Hometown_and_Outlet...

    Sears Hometown and Outlet Stores Inc. was an American retail company that sold home appliances, lawn & garden equipment, apparel, mattresses, sporting goods, & tools. [3] [4] The company had four subsidiary store formats: Sears Hometown, Sears Outlet, Sears Hardware and Appliance, and Sears Home Appliance Showrooms. [5]

  5. Phoebus cartel - Wikipedia

    en.wikipedia.org/wiki/Phoebus_cartel

    The Phoebus cartel was an international cartel that controlled the manufacture and sale of incandescent light bulbs in much of Europe and North America between 1925–1939. The cartel took over market territories and lowered the useful life of such bulbs, which is commonly cited as an example of planned obsolescence.

  6. GE Lighting - Wikipedia

    en.wikipedia.org/wiki/GE_Lighting

    On October 7, 2015, the Commercial division of GE Lighting was separated from the business and a new startup, Current, was created. [9] On July 1, 2020, GE Lighting was acquired by Savant Systems, a home automation company headquartered in Hyannis, Massachusetts, United States. [10] This was General Electric's last consumer business. [11]

  7. Outlet store - Wikipedia

    en.wikipedia.org/wiki/Outlet_store

    Traditionally, a factory outlet was a store attached to a factory or warehouse, sometimes allowing customers to watch the production process, such as in the original L.L. Bean store. In modern usage, outlet stores are typically manufacturer-branded stores such as Gap or Bon Worth grouped together in outlet malls.

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