The phrase denotes the supply of formal apparel, particularly go well with units manufactured by Ben Marc, at diminished costs. This usually happens to filter out present stock, usually on the finish of a season or to make room for newer collections. An instance could be a retail occasion promoting drastically lowered costs on remaining go well with units from a earlier 12 months’s manufacturing.
Such gross sales occasions profit each shoppers and retailers. For shoppers, it supplies a chance to amass high-quality clothes at a fraction of their unique price. Retailers, alternatively, are capable of scale back surplus inventory, releasing up capital and cupboard space for brand spanking new merchandise. Traditionally, most of these promotional actions have been a constant technique within the retail sector to handle stock and stimulate gross sales.
