A Clearance Sale is a retail strategy used by stores to sell off excess inventory or discontinued items at reduced prices. This type of sale helps businesses make room for new products while attracting customers looking for bargains. Clearance sales can occur in various settings, including department stores, online shops, and specialty retailers. During a clearance sale, items may be marked down significantly, sometimes up to 70% off the original price. Shoppers often find a wide range of products, from clothing and electronics to home goods. These sales are typically time-limited, encouraging customers to make quick purchasing decisions.