What does clearance sale mean?
Definitions for clearance sale
clear·ance sale
This dictionary definitions page includes all the possible meanings, example usage and translations of the word clearance sale.
Princeton's WordNet
clearance sale, inventory-clearance salenoun
a sale to reduce inventory
Wikipedia
clearance sale
A closeout or clearance sale (closing down sale in the United Kingdom) 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. In the latter case, it is usually known as a going-out-of-business sale or liquidation sale, and is part of the process of liquidation. A hail sale is a closeout at a car dealership after hail damage. A store that is closing will often advertise to customers their last chance to buy. However, often closures are from companies that can't sell their inventory, inventors whose ideas were not marketable, or businesses needing fast incoming cashflow to pay debts such as payroll or rent. A closeout store is a retailer specializing in buying closeout items wholesale from others and selling them at low prices. Big Lots is a well-known closeout retail chain in the United States, but other stores such as TJ Maxx, Ross Dress For Less, Marshalls, and Value City are also common, specializing more in clothing and housewares.
ChatGPT
clearance sale
A clearance sale is a discount sales event, often put on by retailers, to offload surplus, outdated, or seasonal merchandise quickly. It typically features significantly reduced prices, with the intention of clearing out the old stock to make room for new merchandise. Clearance sales are often final in nature, meaning purchased goods generally cannot be returned.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of clearance sale in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of clearance sale in Pythagorean Numerology is: 9
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"clearance sale." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/clearance+sale>.
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