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Closeout (sale) A closeout or clearance sale ( closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale ), over-ordering, or especially because of bankruptcy. [2]
British Home Stores. British Home Stores, commonly abbreviated to BHS and latterly legally styled BHS Ltd, was a British department store chain, primarily selling clothing and household items. In its later years, the company began to expand into furniture, electronics, entertainment, convenience groceries and fragrance and beauty products.
A closing-down sale started on 11 December. Woolworths in Croydon, shelves bare, on last day of Final Clearance Sale. On 17 December 2008, administrators announced that all 807 Woolworths stores would close by 5 January 2009 (later changed to 6 January), with 27,000 job losses.
ilva.dk. ILVA is a Danish chain of furniture stores, offering mostly Scandinavian-style bed-, dining- and living room products. The company was founded in 1974, and currently runs eight stores in the Nordic countries. It also had three stores in Britain for about two years, but these were forced to close down during the 2008 financial crisis .
Habitat (a trading name of Argos Limited) is a brand of household furnishings in the United Kingdom and the main homewares brand within the Sainsbury's group. Founded in 1964 by Sir Terence Conran, it merged with a number of other retailers in the 1980s to create Storehouse plc, before the latter sold Habitat to the Ikano Group, owned by the ...
Allders was an independent department store operating in the United Kingdom. The original store was established in 1862 in Croydon by Joshua Allder. In the second half of the 20th century, this parent store was developed into a chain of department stores across England and Wales. By the turn of the millennium, the flagship store in Croydon was ...
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