Also when the season changes, all of last season’s merchandise is classified as overstock.
When large department stores buy too many quantities of the same goods and don’t sell as they thought. This merchandise is purchased by closeout experts to be sold to second-party resellers. When that happens it’s called a clearance sale. When a store closes or moves to another location, it usually sells all, or most, of its inventory. These are some of the different ways in which merchandise liquidation comes from: Closeouts Regardless of the source, retailers always sell their liquidated stock at less than the MSRP because they need to get rid of it as soon as possible. Wholesale Liquidated goods can come from various retailers in different ways.
