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Grocery Outlet Holding Corp. is an American discount closeout retailer consisting exclusively of supermarket locations that offer discounted, overstocked, and closeout products from name-brand and private-label suppliers.
In early 2011, Grohe acquired a majority stake (72%) in the leading Chinese sanitary fittings producer Joyou, making a successful public takeover bid. [13] In 2012, Grohe held a 72% stake in Joyou. [14] Grohe Kitchen Faucet Veris 1
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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 ]
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