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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]
An ukay-ukay ( Tagalog pronunciation: [ˌʔuːkaɪ.ˈʔuːkaɪ] oo-ky-OO-ky ), or wagwagan (Ilocano pronunciation|wɐgˈwaːgɐn}} wəg-WAH-gən) is a Philippine store where a mix of secondhand and surplus items such as clothes, bags, shoes and other accessories are sold at a more affordable price. Items commonly sold at ukay-ukay's are ...
An example is the Tagalog word libre, which is derived from the Spanish translation of the English word free, although used in Tagalog with the meaning of "without cost or payment" or "free of charge", a usage which would be deemed incorrect in Spanish as the term gratis would be more fitting; Tagalog word libre can also mean free in aspect of ...
Sari-sari store. A sari-sari store, anglicized as neighborhood sundry store, [ 1] is a convenience store found in the Philippines. The word sari-sari is Tagalog meaning "variety" or "sundry". Such stores occupy an important economic and social location in a Filipino community and are ubiquitous in neighborhoods and along streets.
Stock clearance, also known as inventory clearance, refers to the sale of remaining merchandise or goods at significantly reduced prices to clear out old or overstocked inventory, making room for new products. Companies often engage in stock clearance sales to optimise inventory levels, minimise holding costs, and free up space in warehouses or ...
Price war. A price war is a form of market competition in which companies within an industry engage in aggressive pricing strategies, “characterized by the repeated cutting of prices below those of competitors”. [ 1] This leads to a vicious cycle, where each competitor attempts to match or undercut the price of the other. [ 2]
Investigations. The following investigations are used in clearance determinations: [ 12] ANACI (Access National Agency Check with Inquiries) – Initial Confidential, Secret, L, LX; only used for civilian employees. NACLC (National Agency Check with Law and Credit) – Initial Confidential, Secret, L, LX; reinvestigations.
Sales. Sales are activities related to selling or the number of goods sold in a given targeted time period. The delivery of a service for a cost is also considered a sale. A period during which goods are sold for a reduced price may also be referred to as a "sale". [ 1] The seller, or the provider of the goods or services, completes a sale in ...