Retail clearance sales grow in order to clear floor for excess product


Did someone say, “It’s on clearance”?

Expect some big price cuts and deals at your favorite retailer. There is a mad scramble to rid the floors of excess inventory in preparation for Black Friday and peak season, which is right around the corner. Major retailers such as Nordstrom and Gap are prioritizing markdowns and clearance areas to make room for an influx of new products.

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