Closeout (sale)
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Closeout (sale)
A closeout or clearance sale (closing down sale in the United Kingdom) 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. In the latter case, it is usually known as a going-out-of-business sale or liquidation sale, and is part of the process of liquidation. A hail sale is a closeout at a car dealership after hail damage. A store that is closing will often advertise to customers their last chance to buy. However, often closures are from companies that can't sell their inventory, inventors whose ideas were not marketable, or businesses needing fast incoming cashflow to pay debts such as payroll or rent. A closeout store is a retailer specializing in buying closeout items wholesale from others and selling them at low prices. Big Lots is a well-known closeout retail chain in the United St ...
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Forever21DenverPavilions2
Forever or 4ever may refer to: Film and television Films * ''Forever'' (1921 film), an American silent film by George Fitzmaurice * ''Forever'' (1978 film), an American made-for-television romantic drama * ''Forever'' (1992 film), an American film starring Sean Young and Terrence Knox * ''Forever'' (1994 film), a Filipino film starring Aga Muhlach and Mikee Cojuangco * ''Forever'' (2003 film), an Italian film starring Giancarlo Giannini and Francesca Neri * ''Forever'', a 2005 Belgian comedy short, winner of a 2005 Joseph Plateau Award * ''Forever'', a 2008 Slovenian film by Damjan Kozole * ''Forever'' (2015 film), an American film directed by Tatia Pilieva Television Series * ''Forever'' (Philippine TV series), a 2013 drama series * ''Forever'' (2014 TV series), an American fantasy crime drama series * ''Forever'' (2018 TV series), an American comedy-drama streaming series Episodes * "Forever" (''Buffy the Vampire Slayer''), 2001 * "Forever" (''CSI''), 2003 * "Forev ...
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Retail Chain
A chain store or retail chain is a retail outlet in which several locations share a brand, central management and standardized business practices. They have come to dominate the retail and dining markets and many service categories, in many parts of the world. A franchise retail establishment is one form of chain store. In 2005, the world's largest retail chain, Walmart, became the world's largest corporation based on gross sales. History In 1792, Henry Walton Smith and his wife Anna established W.H. Smith as a news vending business in London that would become a national concern in the mid-19th century under the management of their grandson William Henry Smith. The world's oldest national retail chain, the firm took advantage of the railway boom during the Industrial Revolution by opening news-stands at railway stations beginning in 1848. The firm, now called WHSmith, had more than 1,400 locations as of 2017. In the U.S., chain stores likely began with J. Stiner & Company, ...
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Patio Furniture
Garden furniture, also called patio furniture or outdoor furniture, is a type of furniture specifically designed for outdoor use. It is typically made of weather-resistant materials such as aluminium which is rust-proof. History The oldest surviving examples of garden furniture were found in the gardens of Pompeii. Around 1840, Janes, Beebe & Co. produced one of the earliest products of mass-produced cast-iron seating manufacture in America. Types of furniture *Wooden furniture *Bamboo furniture *Wicker or rattan furniture *Metal furniture *Plastic furniture *Glass furniture *Table *Rope furniture Seating 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. Temperature control The British ' ...
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Week
A week is a unit of time equal to seven days. It is the standard time period used for short cycles of days in most parts of the world. The days are often used to indicate common work days and rest days, as well as days of worship. Weeks are often mapped against yearly calendars, but are typically not the basis for them, as weeks are not based on astronomy. The modern seven-day week can be traced back to the Babylonians, who used it within Babylonian calendar, their calendar. Other ancient cultures had different week lengths, including ten in Ancient Egypt, Egypt and an eight-day week for Etruscan civilization, Etruscans. The Etruscan week was adopted by the Ancient Romans, but they later moved to a seven-day week, which had spread across Western Asia and the Eastern Mediterranean. In 321 AD, Emperor Constantine officially decreed a seven-day week in the Roman Empire, including making Sunday a public holiday. This later spread across Europe, then the rest of the world. In Engli ...
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Boxing Day
Boxing Day is a holiday celebrated after Christmas Day, occurring on the second day of Christmastide (26 December). Though it originated as a holiday to give gifts to the poor, today Boxing Day is primarily known as a shopping holiday. It originated in Great Britain and is celebrated in a number of countries that previously formed part of the British Empire. The attached bank holiday or public holiday may take place on 28 December if necessary to ensure it falls on a weekday. Boxing Day is also concurrent with the Catholic holiday Saint Stephen's Day. In parts of Europe, such as several regions of Spain, Czech Republic, Germany, Austria, Hungary, the Netherlands, Italy, Poland, Slovakia, Croatia, Denmark, Finland, Sweden, Belgium, Norway, and Ireland, 26 December is Saint Stephen's Day, which is considered the second day of Christmas. Etymology There are competing theories for the origins of the term, none of which is definitive. The European tradition of giving money ...
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Santa Claus
Santa Claus, also known as Father Christmas, Saint Nicholas, Saint Nick, Kris Kringle, or simply Santa, is a Legend, legendary figure originating in Western Christianity, Western Christian culture who is said to Christmas gift-bringer, bring children gifts during the late evening and overnight hours on Christmas Eve of toys and candy or coal or nothing, depending on whether they are "naughty or nice". In the legend, he accomplishes this with the aid of Christmas elf, Christmas elves, who make the toys in Santa's workshop, his workshop, often said to be at the North Pole, and Santa Claus's reindeer, flying reindeer who pull his sleigh through the air. The modern figure of Santa is based on folklore traditions surrounding Saint Nicholas (European folklore), Saint Nicholas, the English figure of Father Christmas and the Folklore of the Low Countries, Dutch figure of ''Sinterklaas''. Santa is generally depicted as a portly, jolly, white-bearded man, often with spectacles, wearing ...
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Halloween
Halloween or Hallowe'en (less commonly known as Allhalloween, All Hallows' Eve, or All Saints' Eve) is a celebration observed in many countries on 31 October, the eve of the Western Christian feast of All Saints' Day. It begins the observance of Allhallowtide, the time in the liturgical year dedicated to remembering the dead, including saints ( hallows), martyrs, and all the faithful departed. One theory holds that many Halloween traditions were influenced by Celtic harvest festivals, particularly the Gaelic festival Samhain, which are believed to have pagan roots. Some go further and suggest that Samhain may have been Christianized as All Hallow's Day, along with its eve, by the early Church. Other academics believe Halloween began solely as a Christian holiday, being the vigil of All Hallow's Day. Celebrated in Ireland and Scotland for centuries, Irish and Scottish immigrants took many Halloween customs to North America in the 19th century,Brunvand, Jan (editor). ''Ame ...
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Christmas
Christmas is an annual festival commemorating Nativity of Jesus, the birth of Jesus, Jesus Christ, observed primarily on December 25 as a religious and cultural celebration among billions of people Observance of Christmas by country, around the world. A Calendar of saints, feast central to the Christian liturgical year, it is preceded by the season of Advent or the Nativity Fast and initiates the season of Christmastide, which historically in the West lasts Twelve Days of Christmas, twelve days and culminates on Twelfth Night (holiday), Twelfth Night. Christmas Day is a public holiday in List of holidays by country, many countries, is celebrated religiously by a majority of Christians, as well as Christian culture, culturally by many non-Christians, and forms an integral part of the Christmas and holiday season, holiday season organized around it. The traditional Christmas narrative recounted in the New Testament, known as the Nativity of Jesus, says that Jesus was born in Bet ...
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Distance Selling Regulations
The Consumer Protection (Distance Selling) Regulations 2000 (totally repealed in June 2014 by The Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 which in many respects are however similar regulations), Statutory Instrument 2000/2334, implementsEnacted pursuant to European Communities Act 1972 European Directivebr>97/7/ECas UK law.By Regulation 3(2) it is implied they apply in Scotland, and by 1(2) they are expressly extended to Northern Ireland. They apply to contracts "concluded between a supplier and a consumer under an organised distance sales or services provision scheme run by the supplier who, for the purposes of the contract, makes use of one or more means of distance communication" up to and including the moment the contract is agreed.Reg 3(1) The legislation provides rights to the consumer and obligations which the seller must fulfill. Typical cases where the Regulations apply include goods or services ordered by telephone or over th ...
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Sale Of Goods Act 1979
The Sale of Goods Act 1979c 54 is an Act of the Parliament of the United Kingdom which regulated English contract law and UK commercial law in respect of goods that are sold and bought. The Act consolidated the original Sale of Goods Act 1893 and subsequent legislation, which in turn had codified and consolidated the law. Since 1979, there have been numerous minor statutory amendments and additions to the 1979 Act. It was replaced for some aspects of consumer contracts from 1 October 2015 by the Consumer Rights Act 2015c 15 but remains the primary legislation underpinning business-to-business transactions involving selling or buying goods. The Act applies to contracts where property in 'goods' is transferred or agreed to be transferred for a monetary consideration, in other words: where property (ownership) in personal chattels is sold. Part I Part I (section 1) states that the Act applies to contracts of sale of goods made on or after 1 January 1894. This was the date when t ...
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Merchandise
Merchandising is any practice which contributes to the sale of products to a retail consumer. At a retail in-store level, merchandising refers to displaying products that are for sale in a creative way that entices customers to purchase more items or products. In retail commerce, visual display merchandising means merchandise sales using product design, selection, packaging, pricing, and display that stimulates consumers to spend more. This includes disciplines and discounting, physical presentation of products and displays, and the decisions about which products should be presented to which customers at what time. Often in a retail setting, creatively tying in related products or accessories is a great way to entice consumers to purchase more. Merchandising helps to understand the ordinary dating notation for the terms of payment of an invoice. Codified discounting solves pricing problems including markups and markdowns. It helps to find the net price of an item after single ...
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Value City
Value City was an American discount department store chain with 113 locations. It was founded in 1917 by Ephraim Schottenstein, a travelling salesman in central Ohio. The store was an off-price retailer that sold clothing, jewelry, and home goods below the manufacturer suggested retail price. The chain focused on buyout and closeout merchandise, and occasionally irregular apparel and factory seconds. The stores were branded Schottenstein's in the Columbus, Ohio, market. The Schottenstein name was dropped in 2008. Also, three stores in Metro Detroit were co-branded as Crowley's Value City. From 1984 to 1995, Schottenstein also owned Shifrin-Willens, a jewelry store. The first store was located in Columbus, Ohio, at 1887 Parsons Avenue on the corner of Parsons Avenue and Reeb Avenue, and has been closed since 2006. It was formerly affiliated with Value City Furniture, which has 130 stores and was founded in 1948. (VCF is corporate sponsor of Value City Arena, home of the Ohio Sta ...
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