What’s liquidation?

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Clearance sales offer heavily discounted products to reduce inventory. They can be store-wide or limited to certain departments, brands, or product models. Seasonal sales are common for apparel retailers, and discontinued products are often sold to make room for new inventory. Open box merchandise may not carry the same warranty as new items. Check store policies before purchasing.

A clearance sale is intended to reduce inventory by providing customers with heavily discounted products. A clearance sale can be store-wide or limited to particular departments, products, brands, or product models.

Seasonal clearance sales are quite common for apparel retailers needing to make room for new inventory. The summer sale can be the best time to shop for shorts, swimsuits and tank tops in preparation for next year. Sticking with solid colors and basic designs that don’t go out of style will ensure you won’t be left out in the cold come the new year. Having a standard goods store means you can buy fewer clothes when summer rolls around, filling your wardrobe with a sprinkling of the latest styles.

The closings of the designers also tout sales of space. Styles are constantly evolving and what’s in one minute is considered to be next. Jeans range from skintight to “relaxed” fit, stovepipe to ladder leg, rise to rise in the low rise, and all points in between. Stone-washed, acid-washed, ripped, mottled, mottled, new, or just right faded, a store might have a clearance sale to kick out clothes that are about to be replaced by a new style or look, or to move a line that has stagnated. on the shelf.

Personal products like makeup and creams also often go on sale, particularly when the line has new products on the way or has reformulated the existing product. Products that have an end-of-life date, like some shampoos and treatments, might also go into liquidation to move stock before it needs to be removed from the shelf.

Discontinued products are often sold at clearance prices to make room for replacement inventory, sometimes at a higher price than the standard price of the original item. Electronics, for example, that have been enhanced with new features or expanded capability routinely replace older models that could be pushed out at near cost. For those who don’t want or require the new features, a clearance sale can offer a rich opportunity to score great prices on personal gadgets.

A seller might also use a clearance sale to get rid of returned goods that are not defective but can no longer be sold as new. This is often referred to as “open box” merchandise. In some cases a product may have been a demonstration model. Opened items may not carry the same warranty that comes with new merchandise, so read the fine print before buying.

An off market sale can be your best opportunity to get great merchandise at fantastic prices. Even today’s popular brands are often available at near-discount prices.

Please note that items clearing customs are sometimes non-returnable, even if defective. Also, items clearing customs that are returnable are sometimes only eligible for store credit. Check the store policy before purchasing and ask a representative if the policy is unclear.




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