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RTIC Outdoors was founded in 2015 by twin brothers Jim and John Jacobsen, as RTIC Coolers. [2] [1] [4] Initially, it was a manufacturer of coolers but later expanded to include bottles, chairs, bags, tumblers, and related accessories. [5] [6] [7] In July 2018, RTIC changed its name from RTIC Coolers to RTIC Outdoors. [7]
Cart.com was founded in October 2020 by Jim Jacobsen, the co-founder and former CEO of direct-to-consumer brand RTIC Outdoors and co-founder of alliantgroup, and Omair Tariq, former executive at direct-to-consumer custom blinds provider blinds.com, which was acquired by The Home Depot.
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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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