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 present stock, usually on the finish of a season or to make room for newer collections. An instance can be a retail occasion promoting drastically lowered costs on remaining go well with units from a earlier yr’s manufacturing.
Such gross sales occasions profit each shoppers and retailers. For shoppers, it supplies a chance to accumulate high-quality clothes at a fraction of their unique value. Retailers, then again, are in a position to cut back surplus inventory, releasing up capital and space for storing for brand new merchandise. Traditionally, these kind of promotional actions have been a constant technique within the retail sector to handle stock and stimulate gross sales.