Many of our followers here at The Closeout Industry stick around to learn industry secrets to help source liquidated inventory. I am going to share one of my secrets today, but you cannot tell anyone!  -Ok…that was dumb, but please put the following tip to good use:
Search for overstock and closeout inventory by calling [...]

Do you like to gamble, I do. It can be very exciting. My game of choice is roulette. I love sitting at the table with a pre-determined amount of money I have decided I can “gamble” with. I get caught up in the conversation with other players and, of course a few drinks. If my [...]

One reader emailed yesterday asking a few questions and offering a great compliment in reference to our book, Liquidation Secrets. I am going to address one of her specific questions today with this blog post. I would also encourage you to respond to this post if you have any information about today’s topic. Having said that, lets move right [...]

The following is taken directly from an email we received after this person purchased our guide Liquidation Secrets. She emailed asking a few questions as we advertise to those who buy our guide that the purchase also includes “help after the purchase”. Like a redundant robot I will say this again, I have been buying [...]

Handbags and purses have a high resell value, especially the higher end name brands. It really depends on how and where you are reselling, as some of the non-branded and average discount store handbags equally have a good sell-through value.
Here are a few ways to resell low-end handbags:
Resell lower to non-branded handbags at your local [...]

I have been involved in the procurement of liquidation merchandise for the last 8-10 years. I have to admit that I was personally late jumping on the whole computer and internet wave. In fact, my first internet connected PC was purchased back in the year 2000!
I can tell you without hesitation that my success [...]

In reading the paper today it looks as though Fresno based big box retailer Gottschalks will face the same ending as Circuit City…Liquidation. It looks as though the winning bid for this chain came from a group of Heavy hitting liquidators including SB Capital Group LLC, Great American Group LLC, Tiger Capital Group LLC and [...]

Are you ready to order your first pallet of liquidation merchandise? It is very exciting to think of the prospect of buying a pallet and digging through it to see what buried treasure might be found!
But, having the money to purchase and ordering is not the last step, you must prepare for delivery of your customer [...]

There is a very popular trend in the retail liquidation industry called “Warehouse” or “Event” sales. There is little doubt that you have had a couple of these types of sales in your home town by various retailers. Some will be held at your local fairgrounds or other large venues.
An Event sales is simply a [...]

I received a phone call from an Ebay seller who was quick to explain how she lost $2,500.00 last week in a purchase of what she thought was Shelf Pull clothing. The clothing was grossly misrepresented by the Broker she purchased from. She was told the clothing was originally from a very famous 5 star [...]