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department store clothing
We maintain buying partnerships with many department stores and suppliers, most of which liquidate excess inventory periodically to free up space for new products. To maintain fresh merchandise, they frequently rotate inventory and develop aging criteria (such as 45-60 days) for markdowns. Since stores generally have significant profit margins on the items that have already sold, they can afford to liquidate excess merchandise in order to make room for newer, more high-profit products.
For example, a department store introduces a line of red cashmere sweaters from a top designer. They receive 100 sweaters, and over the next 45-60 days, sell 96 of the sweaters for $100 each (with a $50 profit margin). At this point, they have only four sweaters left, and while the line sold well, it didn’t sell out completely within the allotted time period. To make room for new items, the store will sell the sweaters to us. Sure, the store loses money on four sweaters. But the money made on 96 at full price far outweighs the loss. Also, most department stores offer a liberal return policy, allowing customers to return merchandise within a large window of time after purchase. Some stores liquidate all customer-returned merchandise because it wastes time to add the items back into inventory or the items are no longer stocked.
Who are your sources?
We buy from many different suppliers, including large department store chains, specialty retailers, and manufacturers on an on-going and opportunity-only basis. We usually can’t list our supplier or brands online, but if you would like more information about a particular product, feel free to contact us for details.
Our merchandise, whether that be wholesale overstocks, liquidation, closeouts or customer returns, is sold by the lot, the pallet, the trailer or container load in order to provide you with the most convenient service.
We strive to provide you with the best price and the best service. We will do everything in our power to serve your specific needs. Contact us right now and let us know how we may serve you. We'll get right to work to meet your needs.
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store clothing