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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 ]
Fashion Nova was founded in 2006 by its CEO Richard Saghian, [5] who started his career in the retail industry by working at his father's clothing boutique located in Los Angeles. [3] Fashion Nova opened its first location in Panorama City, Los Angeles inside the Panorama Mall, selling inexpensive club-wear attire.
Well, grab your credit card, because HSN is having a rare clearance sale — and it's only for 24 hours. Right now, you can save up to 50 percent off a massive range of items at HSN and get free ...