Clearance Sale (Noun)
Meaning
A sale to reduce inventory.
Classification
Nouns denoting acts or actions.
Examples
- The department store is having a massive clearance sale to make room for new stock arrivals.
- Many shoppers take advantage of clearance sales to purchase discounted items at the end of the season.
- After reviewing the company's inventory, management decided to hold a clearance sale to reduce storage costs.
- Consumers are attracted to clearance sales due to the potential to buy items at significantly lower prices.
- Local businesses are using clearance sales to clear out inventory and recover losses due to recent economic downturns.