Definition: Planned reduction in the selling price of an item, usually to take effect either within a certain number of days after seasonal merchandise is received or at a specific date.
Markdown
From Shari Waters, former About.com Guide
See More About:
Glossary of Retailing Terminology - Index of M Terms
Related Searches seasonal merchandise
Explore Retailing
Must Reads
- 5 Ways to Lose Customers
- What Keeps Customers Coming Back?
- 10 Steps to Starting a Retail Business
- Show Off Your Shop
- Retail Glossary
Most Popular
See More About:
By Category
©2012 About.com. All rights reserved.
A part of The New York Times Company.