A retail display intended for discounted or promotional merchandise is often referred to as a clearance or bargain bin. These designated areas within a store typically hold a variety of products offered at reduced prices to attract customers and clear out excess inventory. For example, seasonal items after the holiday, discontinued products, or items with slight imperfections might be placed in such displays.
Utilizing these designated areas offers several advantages for both retailers and consumers. Retailers can recover some investment on otherwise stagnant stock, free up valuable shelf space for newer items, and attract bargain-hunting customers. Consumers benefit by having access to lower prices on a variety of goods. Historically, these types of displays have been a staple in retail environments, evolving from simple bargain bins to more strategically placed and visually appealing presentations.
