What is Closeouts Inventory?
What is the Source of Closeouts Inventory? Closeout, liquidation and overstock inventory comes from many sources including department stores, manufacturers, home improvement stores, catalogue sellers, discount retailers and a variety of specialty retailers. Much of this inventory exists as a result of retailers and manufacturers having excess inventory, discontinued products, an excess of seasonal items, packaging changes or slightly imperfect inventory known as seconds; as well as customer returns. Businesses that close or go out of business and must liquidate their products are also a source for this market.
