Definitions
These are our interpretation of trade terms and should not be considered an absolute statement of fact. |
Liquidations |
| Liquidations involves bulk sales of merchandise. Prices can be greatly reduced to accomplish this. Liquidations can be conducted for a number of reasons. Product closeouts, seasonal shelf pulls, bankruptcies, and store closings just to name a few. Liquidations can be conducted on surplus merchandise, salvage merchandise, closeout merchandise, customer returns, or just about anything. Sellers are generally motivated so pricing can be aggressive. |
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| We consider the majority of products we sell to be liquidations. They are bulk wholesale lots offered at prices below wholesale. Liquidations are a major part of the product life cycle and can present the opportunity to pickup the products at their lowest price in the cycle. |
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