Clearance events featuring significant discounts on seasonal merchandise, particularly after the holiday period, are a common retail strategy. These events allow retailers to clear out leftover inventory to make room for new products. The scale of discounts can vary and may reach levels such as seventy-five percent off.
Post-holiday clearance sales benefit both retailers and consumers. Retailers reduce storage costs and minimize losses on unsold seasonal items. Consumers can acquire items at significantly reduced prices, often for use in the following year or for repurposing materials. This also helps to reduce waste, as unsold items are more likely to be purchased and used rather than discarded.