Blowout Sale

A situation where a company or its assets are sold at a significantly reduced price, often due to financial distress or the need for a quick sale.

Implications

A sales event where products are sold at significantly reduced prices, often to clear out inventory quickly.

Example: A retailer conducts a blowout sale at the end of the season to clear out unsold inventory, offering discounts of up to 80%.

Different from a regular sale, a blowout sale involves much deeper discounts and is often used to clear large quantities of stock rapidly.