What is Wholesale Liquidation? - RedHot Wholesale

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Have you ever wondered what happens to all the returned and unsold items from retail stores? Did you think that it was carefully rewrapped and put back on store shelves? Think again! Merchandise worth billions of dollars each year gets liquidated. There are massive amounts of merchandise which have been returned to stores by customers that remains unsold. There is only a small percent that ends up back on the shelves or are resold by the stores or manufacturers in their factory outlets or their own discounted online sites. Some of it is also re-sold to discount stores such as TJ Maxx or Big Lots but the large majority of items are then liquidated. The amount of merchandise that retailers need to liquidate each year well exceeds over $400 billion. Some of it may get destroyed or donated, but most