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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 ]
The Promenade at Downey is a 77-acre (31 ha), 656,000-square-foot (60,900 m 2) retail power center in Downey, California, built on the 1,500,000-square-foot (140,000 m 2) mixed-use development on the site of the former Downey Studios, which before that was the site of a Boeing/NASA industrial complex, originally built in 1948 by North American Aviation.
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