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The company was founded in Worcester in 1889 by William Kilbourne Kay as Kay's of Worcester at St Swithen's Street. [2] In 1937 the business was purchased by Great Universal Stores. [3] The company opened a purpose-built warehouse in Leeds in 1981, which subsequently closed in August 2004 (pictured). On 23 February 2007, Kays original depot in ...
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]
Kmart Australia Limited (/ ˈ k eɪ m ɑːr t / KAY-mart, doing business as Kmart, Kmart Australia, Kmart New Zealand and Kmart Australia and New Zealand and stylised as Kmart) is an Australian chain of retail department stores owned by the Kmart Group division of Wesfarmers.
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