Closeout (Noun)
Meaning
A sale intended to dispose of all remaining stock.
Classification
Nouns denoting acts or actions.
Examples
- The store announced a closeout sale to get rid of its remaining winter inventory before the new season's stock arrived.
- The company decided to hold a closeout sale on its discontinued product lines to make room for new items.
- After the owner retired, the family held a closeout sale to sell off the remaining merchandise from the old store.
- The closeout sale at the furniture store offered deep discounts on all remaining items, including sofas and beds.
- The retailer scheduled a closeout sale for the weekend to clear out its remaining summer stock before the fall season began.