Clearance sale
Clearance sale, also known as a closeout sale, is a retail strategy in which a store reduces the prices of their products to sell off the remaining inventory quickly. These sales are often used to make room for new merchandise or to liquidate outdated or seasonal items.
During a clearance sale, customers can find great deals on a variety of products, from clothing and electronics to home goods and appliances. The discounts offered during these sales can range from 50% to 90% off the original price, making it an attractive option for bargain hunters.
Some examples of clearance sale items include:
- End-of-season clothing – Retailers often discount last season’s clothing to make room for new inventory.
- Discontinued products – Items that are no longer being produced may be marked down to clear out remaining stock.
- Open-box items – Products that have been returned or opened but are still in good condition can be sold at a discount.
Clearance sales are a win-win for both retailers and customers. Retailers can clear out old inventory and make room for new products, while customers can score great deals on items they may not have been able to afford at full price.
If you’re looking to save money on your next shopping trip, keep an eye out for clearance sales at your favorite stores!
For more information on clearance sales, visit Wikipedia.