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A closeout or clearance sale ( closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale ), over-ordering, or especially because of bankruptcy. [2]
Sears, Roebuck and Co. (/ s ɪər z / SEERZ), [5] commonly known as Sears, is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail ordering catalog company migrating to opening retail locations in 1925, the first in Chicago. [6]
Tri-County Mall, originally Tri-County Center, was a shopping mall located on State Route 747 (Princeton Pike) just south of Interstate 275 in the city of Springdale, Ohio, a suburb of Cincinnati, Ohio, United States.
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Lustron established builder-dealers, which in turn sold and erected the house package on a concrete foundation. In 20 months of production and sales, Lustron lost money on each house, and in turn, was not able to repay the RFC loan. RFC foreclosed on Lustron and production stopped on June 6, 1950.
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