Here are condition types in liquidation pallets. Other times, it is not new but it’s still in working condition. Sometimes, liquidation merchandise is brand new. But, the quality depends on the source and method of purchase. Return pallets can mean many things to many people. According to the National Retail Federation, $428 Billion of Returns Merchandise happened in 2020. Interestingly, customer returns pallets are a fast growing field due to online shopping. Customers return items for all sorts of reasons: buyer’s remorse, bad fit, wrong color, or just flat out didn’t like the product. A customer bought an item and returned it. This merchandise usually gets sold in liquidation lots to secondary wholesale resellers.Ĭustomers return pallets are exactly as they sound. Regardless of the terminology, the goal of the store is the same: to sell off all of its merchandise. When that happens it is called a closeout sale, a clearance sale, or sometimes, a fire sale. Wholesale closeout is merchandise from a store closing or moving locations. The merchandise obtained from overstock stock is usually brand new, so it will be in excellent condition but it will have a lot of repeated products. Other times, the product is seasonal overstock stock that is left after the season ends, like Christmas. Overstock stock usually happens when stores sometimes buy too much of one particular product or group of products. Here are common ways to buy pallets of merchandise. If you buy lots of liquidation, you will buy pallets differently depending on season. Liquidation wholesale comes from a variety of different sources and types.
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