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Closeout (sale) A closeout or clearance sale (also called a 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]
Ollie's Bargain Outlet Holdings, Inc., commonly referred to as Ollie's Bargain Outlet is an American chain of discount closeout retailers.It was founded in Mechanicsburg, Pennsylvania, in 1982 by Morton Bernstein and Mark L. Butler with backing from Harry Coverman and Oliver E. "Ollie" Rosenberg; the latter of whom is the namesake of the company.
Garden furniture is often sold as a patio set consisting of a table, four or six chairs, and a parasol. A picnic table is used for the purpose of eating a meal outdoors. Long chairs, referred to as chaise longue, are also common items. Recently seating furniture has been used for conversation areas using items like couches.
Just for Feet – bankrupt in 1999, acquired by Footstar, final stores closed in 2004. MC Sports – filed for bankruptcy and closed in 2017. Modell's Sporting Goods – first store opened in 1889. On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores.
Fortunoff. Fortunoff is a New York –based retailer of outdoor furniture and jewelry. The company started as a home, jewelry and furniture retailer founded in 1922 by Max and Clara Fortunoff. After being sold to private equity companies in 2005 and 2009, the company was re-purchased by the Fortunoff and Mayrock families, who have relaunched ...
Gustav Stickley. Dropfront Desk, ca. 1903. Brooklyn Museum. Mission furniture is a style of furniture that originated in the late 19th century. It traces its origins to a chair made by A.J. Forbes around 1894 for San Francisco's Swedenborgian Church.
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