inventory-clearance sale

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Word: Inventory-Clearance Sale

Part of Speech: Noun

Definition: An inventory-clearance sale is a special sale organized by a store or business to sell off extra products or items that they have in stock. The goal is to reduce the amount of inventory they have, often at lower prices to attract customers.

Usage Instructions:

• You can use "inventory-clearance sale" when talking about sales events in stores, especially when they are trying to clear out old stock to make room for new items.

Example:

• "The clothing store is having an inventory-clearance sale this weekend, offering discounts up to 50% off on last season's styles."

Advanced Usage:

• Businesses often plan inventory-clearance sales at the end of a season or before new products arrive. It can also be a strategy to manage cash flow or improve inventory turnover.

Word Variants:

• Clearance: This is a simpler term that can refer to any sale aimed at clearing out items, not just inventory.
• Inventory: Refers to the total amount of goods or materials a store has.

Different Meanings:

• In a broader sense, "clearance" can also mean permission to proceed or an area that is free from obstacles (e.g., "the clearance for the airplane to take off").

Synonyms:

• Sale
• Clearance sale
• Liquidation sale
• Markdown sale

Idioms:

While there are no direct idioms related to "inventory-clearance sale," you can use phrases like: - "Sell like hotcakes" (to sell very quickly, often used during a sale). - "Price to move" (indicating that prices are low to encourage buyers).

Phrasal Verbs:

• Clear out: This means to remove items from a place, similar to what happens during an inventory-clearance sale.
  • Example: "They need to clear out the old stock to make space for new products."

Summary:

An inventory-clearance sale is a planned event to sell off excess stock, often at reduced prices, to help businesses manage their inventory effectively.

Academic

Noun

1. a sale to reduce inventory

Synonyms

• clearance sale