Liquidation Terms 101

Liquidation Terms: The Language of Liquidation World Closeouts: An offering of selected discontinued goods by the vendor to the retailer at reduced prices. This merchandise has been discontinued because of slow sale, a broken assortment,overstock, or the need to make space for a new season, etc. Overstocks: Merchandise in stock and on order in excess of planned quantities

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The Discount Retailer Business Plan Vision

Discounters toss their old business plans in the bargain bin In a fast-growing sector that caters to bargain hunters, some discount retailers are being transformed by fierce new competition that is forcing them to improve or face extinction. As a bevy of smaller Canadian discounters are being pushed out or shrinking – including Quebec-based Hart

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Liquidation 101

Liquidation 101 Terms Relating to Salvage: The Language of EPIC Liquidation World Closeouts-An offering of selected discontinued goods by the vendor to the retailer at reduced prices. This merchandise has been discontinued because of slow sale, a broken assortment,overstock, or the need to make space for a new season, etc. The savings are often passed

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TARGET CANADA- EPIC LIQUIDATION

Liquidation sales began at Target’s 133 stores across the country after an Ontario court gave the go-ahead for the sale on Wednesday, less than a month after the U.S. retailer announced its plans to leave Canada. Despite some complaints, the 30 per cent discount did exist — if shoppers were looking for cosmetics or women’s

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TARGET CANADA- EPIC Liquidation

EPIC_BLOG

Liquidation sales at Target’s Canadian stores could begin as early as Thursday. Target Canada will seek court approval Wednesday to allow a group of liquidation companies to start to sell off the contents of its Canadian stores. The U.S.-based retailer announced last month that it will be closing all 133 of its Canadian stores and

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BREAKING NEWS-Target Canada Granted CCAA Order

EPIC_LiQUIDATION

  TARGET CANADA IS CLOSING! Liquidation Sales Well its going to be an EPIC Liquidation year indeed! Target Corporation (NYSE:TGT) announced that Target Canada Co. (“Target Canada”) has obtained an Initial Order from the Ontario Superior Court of Justice (Commercial List) (the “Court”) for creditor protection under the Companies’ Creditors Arrangement Act (“CCAA”) earlier this

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