Clearance Sales
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 at any time of the year, but they are often associated with seasonal changes or store relocations.
During a clearance sale, shoppers can find significant discounts on a variety of items, including clothing, electronics, and home goods. Retailers may advertise these sales through flyers, social media, or in-store promotions to draw attention and encourage purchases.