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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 ]
Abt Electronics is an independent family-owned retailer in the United States of consumer electronics, major appliances, and furniture.Abt operates 880,000 square feet at a single location in Glenview, Illinois, on 70 acres (280,000 m 2) of land ("... 1,200-employee.. 350,000-square-foot location on 37 acres...2015 [1]), and online since 1997. [2]
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