It takes more than cash to purchase liquidation merchandise. You must agree to the original departments stores’ purchase agreement. This agreement will vary from store to store and you better read and fully understand the agreement you are about to sign!
In this audio post I read through a couple of important paragraphs from a [...]
Have you considered purchasing insurance salvage merchandise? This is inventory that has been involved in some type of insurance claim where a policy holder has been indemnified for a loss. Probably the most recognizable type of insurance salvage would be that of an automobile loss, where a car is involved in an auto accident and [...]
Do you have a weak stomach? If so, purchasing liquidation merchandise, specifically un-manifested merchandise, might not be the smartest move for your business. This warning reminds me of the signs posted at the front of the roller coaster lines, which proclaim you must be of a certain height to step onto the ride…..
What is [...]
A liquidator distributes merchandise that is considered surplus and/or salvage. A liquidator can get merchandise from a variety of sources including retail customer returns, stagnant inventory, last seasons models, overstock, canceled orders and other means.
The Liquidators’ main audience for this type of merchandise is simply anyone that is searching for wholesale merchandise to resell. [...]
The internet is at times can be flooded with wholesale closeout companies. Knowing who to trust and where to buy are common questions which we receive all the time. With that in mind, I’ve compiled a list of my five trusted sources for shelf pull, closeouts and general wholesale products. I have first hand knowledge [...]