Clearance-priced

Clearance-priced refers to goods or services that are offered for sale at a reduced price, typically to remove them from inventory, make way for new stock, or to sell off excess merchandise. This strategy is often used at the end of a season, during store closing sales, or to liquidate discontinued or overstocked items. The reduced prices are significantly lower than the original retail price and attract customers looking for bargains. It can also imply a limited-time offer.

Clearance-priced meaning with examples

• The department store announced a massive clearance-priced event to make room for the upcoming fall collection. Shoppers flocked to the store, eager to grab heavily discounted summer apparel, including swimsuits and sandals. The clearance-priced items were strategically placed throughout the store, with signage clearly marking the reduced prices and offering further discounts on selected items.
• Following the release of a new smartphone model, the electronics retailer offered the previous generation phones at clearance-priced levels. Customers found incredible value, receiving the older model at significant price reductions. The clearance sale was successful, quickly reducing inventory and preparing shelves for the newer products.
• The online boutique marked down a range of designer handbags as clearance-priced to liquidate remaining inventory. Customers could now get their hands on luxury items at prices much lower than original retail. This strategy, used to move out-of-season or excess items, had many fans of sales shopping checking it every week.
• After closing its brick-and-mortar stores, the company made all of its remaining products available online at clearance-priced rates. Furniture, decor, and other items were offered for a limited period, offering customers a last chance to purchase products at drastically reduced prices. Customers lined up to take advantage of the very good clearance-priced offers.