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Product: Overstock General Merchandise
Manifested: No
Sold By: Truckload
General Merchandise Department Store Closeouts/Overstocks/Shelf Pulls
Items
May Include:
Picture
frames, glassware, pocket computers,
computer accessories, calculators,
snow globes, lamps,
comforters, duvets, pillows &
pillowcases, coffee makers, name brand men’s
and women’s shoes, watches, jewelry, bread machines,
toasters, wall décor, china, desk
organizers, clocks, cell phone
accessories, toys, Luggage, Cosmetics, and much
more.
Department Store General
Merchandise:
These General Merchandise Overstocks,
Closeouts, and Shelf Pulls come from a well-known,
high-end Department Store Chain. AML has a
long-term partnership with this company.
As
their largest buyer of distressed goods AML
enjoys preferred status in product
availability. We make the best purchase
decisions for our customers. AML declines to
buy some offers. Some of the declined offers
can be purchased through other liquidators and
brokers.
This merchandise includes categories
such as Accessories, Hand Bags, Domestics,
Housewares, Luggage, Tabletop & Gifts,
Cosmetics, and others, consisting of brand
name and store brand merchandise. These
Department Store General Merchandise loads
include two general categories: Overstocks,
Closeouts, Shelf Pulls and Returns. The
average price for Overstocks, Closeouts, Shelf
Pulls is 23%-29% of wholesale cost. AML
represents a waste factor of 5 – 10% on
these Overstocks, Closeouts, Shelf Pulls,
because of occasional errors and omissions in
the processing facility. It is common for
damaged items to be marked to a penny and the
customer will usually pay a percentage of a
penny for the items. An average load of this
Department Store General Merchandise has
$75,000 to $100,000 in wholesale cost. That
equates to $150,000.00 to $200,000.00 in
retail per load. Profits will vary for the
resell of this merchandise. Some of our
customers sell the Overstocks / Closeouts /
Shelf Pulls Merchandise at half of retail.
If
everything on the load is sold at half off
retail this would calculate to a profit of
$75,000 to $100,000 per load. Customers have
reported resell at an average of 25% of
original retail, which brings the profits to
(25% of $150,000=) $37,500.00 or (25% of
$200,000=) $50,000.00. Calculations are for illustration
only and not to be used as a basis for making
a purchase decision.
 
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