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  2. Off-price - Wikipedia

    en.wikipedia.org/wiki/Off-price

    Off-price store. Off-price is a trading format based on discount pricing. Off-price retailers are independent of manufacturers and buy large volumes of branded goods directly from them. The off-price retail model relies on the purchase of over-produced, or excess, branded goods at a lower price, thus being able to sell to consumers at a ...

  3. Closeout (sale) - Wikipedia

    en.wikipedia.org/wiki/Closeout_(sale)

    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 ]

  4. Nike, Inc. - Wikipedia

    en.wikipedia.org/wiki/Nike,_Inc.

    Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [6] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.

  5. Retail apocalypse - Wikipedia

    en.wikipedia.org/wiki/Retail_apocalypse

    A 2019 analysis conducted by IHL Group international research and advisory firm found that when a retailer closes many stores, it indicates more about the individual retailer rather than the retail industry overall. In 2019, the 20 stores announcing the most closures represent 75% of all closures. IHL found that for each retailer closing stores ...

  6. Ralph Nader - Wikipedia

    en.wikipedia.org/wiki/Ralph_Nader

    [121] [122] According to popular accounts of his personal life, he does not own a television, relies primarily on public transportation, and over a 25-year period, until 1983, exclusively wore one of a dozen pairs of shoes he had purchased at a clearance sale in 1959. His suits, which he reports he purchases at sales and outlet stores, have ...

  7. Express, Inc. - Wikipedia

    en.wikipedia.org/wiki/Express,_Inc.

    In August 2023, Express announced that they would be laying off 150 workers in effort to achieve $150 million in annualized expense reductions by the end of 2025. [10] On October 24, 2023, Express warned that it may have to file for Chapter 11 bankruptcy protection as it has been hit hard from the COVID-19 pandemic, stating store sales have been declining for years and rising costs putting the ...