closeout

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close·out

 (klōz′out′)
n.
A sale in which all remaining stock is disposed of, usually at greatly reduced prices.

close•out

(ˈkloʊzˌaʊt)

n.
1. a liquidation sale.
2. a sale on merchandise that will no longer be carried by the store.
[1920–25]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.closeout - a sale intended to dispose of all remaining stockcloseout - a sale intended to dispose of all remaining stock
cut-rate sale, sales event, sale - an occasion (usually brief) for buying at specially reduced prices; "they held a sale to reduce their inventory"; "I got some great bargains at their annual sale"
References in periodicals archive ?
For those with fading memories or shorter-term industry credentials, when Gene Kalkin founded LNT in 1975, it was much closer in format to a discount or closeout store than anything else.
The closeout store is in the business of helping manufacturers with their problems," says Marc Miller, president, GO Grocery Outlet, Asheville, N.
Opened an Amazing Buy closeout store with no pharmacy.
Nordstrom currently operates seven full-line department stores in Los Angeles County, but its presence in Ventura County is limited to a Nordstrom Rack closeout store in Oxnard.
Space opens up next to an established Big Lots closeout store and the price is right: A new Big Lots Furniture store is born, attached to an already thriving retail magnet.
A major challenge moving into a new market, noted Miller, is educating the consumer about the nature of a closeout store in contrast to the discount chains.
Don't buy electrical components (breakers, extension cords or surge strips) from closeout stores or auction sites.