Excited springtime buyers will soon be making their way to flea markets to find amazing deals on the latest merchandise to get them ready for the summer. As vendors are selling out of their winter products, it might be a good idea to start sourcing new companies to get you stocked and ready for the spring. One fast and cheap option is buying from closeout and liquidation companies.
Resellers can purchase truckloads and pallets of bulk merchandise from closeout and liquidation companies. Depending on the company, you can buy one pallet of similar items, or one pallet of randomly assorted products for a set price. These companies get their merchandise from tier 1 brands product returns, overstock, and end-of-life products, which means you can get bulk merchandise from name brands at a much lower cost than if you were to buy in bulk from the actual brand itself. The Merchandiser Group has put together a list of reliable closeout and liquidation companies to make your sourcing decision just a little bit easier.
Direct Liquidation has some of the best deals you can find on a website that is updated daily. Retail Giants such as Walmart and Target partner with Direct Liquidation to liquidate their surplus inventory. Each month they receive massive amounts of merchandise that they sort, test, refurbish, and re-package so it is retail ready for resellers like you.
Direct Liquidation has a new easier and money-saving technique to get you liquidated merchandise. As they have grown and added to their variety of products, the company has created an auction option for their website instead of the traditional “buy now” option for pallets of goods. Depending on the quality of inventory (new, like new, used), the starting bid is either $40 or $99. If nobody else bids, you get to take it all, and there are no reserve prices on auctions.
Some of the products they offer include pallets of home improvement tools, fashion accessories, office supplies, apparel, toys, and more. Depending on the retailer they are buying from, you can choose from pallets with assorted merchandise or pick one that holds a specific category. You can easily sign up for an account and start bidding on their website at www.directliquidation.com.
20200 W Dixie Highway Suite 1005
Aventura, FL 33180
Leaders in the industry, SkyGroup Closeouts is another great closeout supplier from which to source new products. The company deals with a variety of national and ecommerce retailers who sell returns by the pallet and truckload, according to Andy Burton, VP of Business Development at the company. With new loads coming in every day, their inventory changes quite a bit and they get a wide variety of merchandise such as apparel, furniture, home goods, food, footwear, and toys, just to name a few.
“90 percent of the products will come with tags still on them,” Burton said. “Returns can come in as a customer just opened a box and then brought it back. Some also come with no boxes, but are still in good shape. It varies from category to category.” Once the company turns those products around and gets them ready to be sold again, you can then buy pallets at super markdowns and be able to sell good-as-new products to your customers, still offering a solid discount off of regular retail pricing.
2565 Kasota Ave.
St Paul, MN 55108
All Stars Wholesalers
For the absolute best customer service as well as tons of surplus merchandise at great wholesale prices, look no further than All Stars Wholesale. Having been in business for over 13 years, this company proudly sells wholesale lots, warehouse stock, salvage merchandise, store liquidations, overstocks, customer returns, shelf pulls, store closeouts, excess inventory, and truckloads of general merchandise to suit any store or booth. You can purchase products by the case, pallet, or truckload to suit your needs.
All Stars Wholesale has everything you need from health and beauty, jewelry, and home decor to cooking products, candy and toys. All products are sold as is. Be sure to also check out their pallets of clothing, accessories, housewares, and furniture, as well as the truckloads of health and beauty, general merchandise, and more. With more than 18 different store chains and catalogs to choose from, you are sure to find the right products for your business. All Stars Wholesale’s stock changes daily, so make sure to call them at 423-626-8160 to make sure the products you want are available.
All Stars Wholesale
235 Giles Industrial Dr.
Tazewell, Tennessee 37879
Discount Truckloads is a wholesale supplier of retail returns, shelf pulls, overstock, liquidation, and closeout merchandise. They wholesale new and used merchandise by the piece, pallet, and by truckload. For over 15 years, they have offered great values for resellers while maintaining a reputation of trust. Last October, they announced the launch of their new and improved website, DTLots.com, where you can shop from pallets online with their easy-to-use navigation features.
The company has a wide variety of categories to shop from including general merchandise products such as furniture, tools and hardware, electronics, bedding, housewares, clothing, and more. New products arrive to their warehouse daily, so they encourage you to check back often for new deals. Pallets are uploaded to their website throughout the day, and truckload manifests and details are emailed out as they receive them. To get the best deals, sign up for their mailing list on their website.
The company also offers financing through Behalf, a short-term financing business that pays vendors directly on behalf of small businesses for the purchase of goods. You can receive an instant credit line for up to $20,000 and have 180 days to repay instant funds. Discount Truckloads wants to work with you and your budget through this easy financing program. For more information, visit their website at www.dtlots.com.
South Bay International
What started as a couple of dollar stores has grown into a large wholesale closeout business. Phil Muscara, the owner of South Bay International, now sells a surplus of stock at an amazingly low price of general merchandise products such as canned goods, fashion accessories, lawn care, cooking products, LED lights, and more. With over 20 years of experience in the industry, South Bay is your best choice for sourcing products to get your booth stocked and ready for spring customers.
What sets apart South Bay International from other closeout companies is how they don’t buy Amazon or other retail returns. “We carry closeouts that we exclusively own,” Muscara said. “Almost all of what I have is factory original case packed goods and most of my products are case lots.”
South Bay’s customer base is all over the country, so they can ship anywhere inside the US. The company has a permanent showroom in Chicago if you would like to see items in person, but the easy way is to check out their website see what they have in stock, and have it shipped directly to you. Muscara said the company gets weekly shipments with a wide variety of different products showing up, so make sure to check back often and see how they can fit your needs.
South Bay International is also a member of CloseoutCentral.com, a great website to help you find the best deals on closeout and liquidated items. The website is updated daily, so there’s always a new deal to discover.
South Bay International