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What are Factory Closeouts?

Factory closeouts occur when a business needs to unload merchandise to make room for new merchandise. This will usually happen after a holiday or after a season. Many businesses use this selling tactic to sell what they can make some money. They will reduce the prices very low to encourage people to purchase their items. As they make room for new merchandise, old items and new items will mix together. Many times when a person visits a store for a factory closeout, they will find some new merchandise that is appealing and buy it as well. The store will make more money and sell more items. Advertising a factory closeout is a way to get more people to visit their place of business.

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