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Stock clearance is an activity by a company where ownership of products and materials moves on to another legal entity. These products and materials in stock clearance will not form the basis of a company's key activities. As such, they are often end-of-line, surplus, returned, or bankrupt.
The interior of an Anaconda store in Canberra. Anaconda, listed as The Trustee for Anaconda Unit Trust in the Australian Business Register [2] and Dun and Bradstreet, [3] is one of several retail businesses comprising the Spotlight Group family of stores. It is an outdoor adventure and sporting goods retailer exclusive to Australia. [4]
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 ]
Supply is fixed for a one-time sale of goods, so the market-clearing price is simply the maximum price at which all items can be sold. In a market where goods are produced and sold on an ongoing basis, the theory predicts that the market will move toward a price where the quantity supplied in a broad period of time will equal the quantity demanded.
In 1922, the Anaconda Copper Mining Company (of Montana) acquired American Brass [4] [5] [11] The merger was one of the largest deals in American business up to that time. [4] That year, Anaconda achieved the largest revenue in corporate history to date ($175,450,384), due primarily to the acquisition of American Brass. [12]
Spotlight Group Holdings Pty Ltd (SGH) is an Australian retail conglomerate and one of the country's largest private companies.Its Spotlight Retail Group division operates fabric and craft store chain Spotlight, outdoor retailers Anaconda and Mountain Designs, and department store chain Harris Scarfe.
The Anaconda Copper Mining Company, known as the Amalgamated Copper Company from 1899 to 1915, [1] was an American mining company headquartered in Butte, Montana.It was one of the largest trusts of the early 20th century and one of the largest mining companies in the world for much of the 20th century.
The Dow Jones Industrial Average, an American stock index composed of 30 large companies, has changed its components 59 times since its inception, on May 26, 1896. [1] As this is a historical listing, the names here are the full legal name of the corporation on that date, with abbreviations and punctuation according to the corporation's own usage.