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’s decision to tuck its tail and run out of Canada means billions in sales will soon be up for grabs — but retailers now face a flood of cheap merchandise and fire-sale prices in the market as the U.S. retailer empties its shelves.Before Target turns out the lights at its 133 locations in Canada […]
Continue readingLiquidation of the stock in their 133 stores (including nine GTA locations) is set to begin in the next two to three weeks. As stock is sold off, the company adds, stores will remain open on a case by case basis, with the liquidation projected to take between 16 and 20 weeks. (They also won’t […]
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