Sunday, January 7

retail discount hierarchy

Judy-Bob tells me that there's a hierarchy of pricing involved, when retail stuff is marked down. I've been advised the exact order is:

"Reduced" or "Sale" - nothing to get excited about
"Clearance" - minor excitement
"Discontinued" - major excitement! (buy as much as possible)
"Store Closing" - euphoria! (buy anything remaining on the shelf)

I cannot find this documented anywhere (Google'ing for the words "sale; clearance; discontinued" is a waste of time).

Are precise units involved? If something is 30% off, is it considered a SALE but at 31% it becomes CLEARANCE? Hmmm.

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