Definition

1. Noun:
   • A sale to reduce inventory: An "inventory-clearance sale" is a retail event where a store sells its existing stock of goods, often at reduced prices, with the primary goal of clearing out or significantly reducing its current inventory.

Usage Examples

• Noun:
  • The store is holding an inventory-clearance sale to make room for new spring merchandise.
  • I bought this sofa at a huge discount during the annual inventory-clearance sale.

Advanced Usage

• "to hold an inventory-clearance sale": to organize and run such a sale event.

  • The company decided to hold an inventory-clearance sale at the end of the fiscal year.

• "end-of-season inventory-clearance sale": a specific type of clearance sale that occurs when a retail season ends.

  • The winter coats were 70% off at the end-of-season inventory-clearance sale.

Variants and Related Words

• Clearance sale (n): a more general term for a sale intended to clear out goods.

  • The clearance sale attracted many bargain hunters.

• Inventory (n): the complete list of items such as property, goods in stock, or the contents of a building.

  • The manager conducted a monthly inventory of the warehouse.

Synonyms

• Stock clearance sale: a sale to clear out stock.
• Liquidation sale: a sale, often at very low prices, to sell all assets, typically when a business is closing.

Related Phrases

• To clear inventory: the action of selling off stock.
  • The new strategy helped the company clear inventory quickly.

Related Idioms

• To blow out inventory: (informal business idiom) to sell inventory very quickly, often at low prices.
  • The promotional pricing was designed to blow out the old inventory.

Noun

1. a sale to reduce inventory