Nobody likes to see business liquidation sales. It’s often a sign of a struggling local economy, meaning a loss of jobs and livelihoods for residents.
But if there’s one upside, it’s the great bargains you can find. Businesses are desperate to shift every last bit of merchandise in their stock before they shut down for good.
If you want to find liquidation stores, going out of business sales, and closeout sales near your home, keep reading. We’re going to round up eight of the best sites to help you hunt them down.
1. Quicklotz
Quicklotz specializes in liquidation sales and liquidation goods.
Lots are available in multiple sizes; you can buy entire trucks of products, as well as cases, pallets, and single smaller lots. As such, Quicklotz is suitable for both individual buyers and businesses that want to buy wholesale.
Closeout merchandise is available across six categories:
- Appliances, Kitchen, and Housewares
- Electronics and Computers
- Furniture and Home Decor
- Sporting Goods, Toys, and Baby items
- Gadgets, Tools, and Auto
- Apparel and Shoes for Men, Women, and Children
2. Direct Liquidation
Sometimes, a major retailer in your area will shut down its local store. Direct Liquidation is a great way to find those nearby closeout sales and pick up the discounted products.
The featured liquidators on the site include Walmart, Target, and Lowe’s. There are also listings from Amazon Liquidators; it means you can use Direct Liquidation to find merchandise from online stores going out of business.
By digging around in the various listings, you’ll find products from global brands such as Sony, Apple, Samsung, LG, Black and Decker, Lenovo, and HP.
3. Department Store Liquidations
Traditional department stores have suffered more than most from the growth of online shopping. Recent years have seen formerly revered names such as Sears and Macy’s shut down dozens of stores around the US. It’s a similar story in other countries.
Department Store Liquidations specializes in out of business sales from such shops. You’ll find products from liquidations, closeouts, overstocks, and shelf-pulls. You can either purchase by the truckload, container, pallet, or single item.
Department Store Liquidations is based in the United States but ships around the world.
4. Source
Source is one of the best sites for business liquidation auctions. It offers inventory from some of the largest retailers in the world. You’ll also find hundreds of local wholesale and closeout suppliers listing their products.
Not all the products on Source come from liquidation sales. There’s also overstock listings and damaged/returned goods. You can gain some insight into the condition of the inventory you’re bidding on by using the quality filter. Five filters are available. They are Brand New, Like New/Shelf-Pulls, Used, Customer Returns, and Mixed.
Before you hit the Bid button, make sure you’re familiar with Source’s strict rules for unpaid auctions penalties. You only have 48 hours to pay. If you miss the deadline, you will be charged $50. The second time it happens, the fine will jump to $100. If it happens a third time, you will be permanently banned from the site.
5. Liquidation.com
Liquidation.com is an online marketplace for liquidation sales, closeout sales, and going out of business sales. Like its competitors, you can buy inventory by the truckload, pallet, or small package.
The site offers business liquidation sales across six primary categories: Clothing and Accessories, Jewelry and Watches, Consumer Electronics, Computers and Networking, Housewares and Lighting, and Tools and Machinery.
Liquidation.com also lets you filter your search results so you can find closeout sales near your home. The available locations are Northeast, Midwest, West, South, Plainfield IN, Garland TX, Las Vegas NV, Brampton ON, North Wilkesboro NC, and Florence KY. There’s also an Available for Export section in case you’re an international buyer.
6. TopTenWholesale
Like Direct Liquidation, TopTenWholesale helps you find liquidation sales from large retail chains. Liquidation stock, overstock, and shelf-pulls are available from companies such as GameStop, Macy’s, Home Depot, Lowe’s, Sears, and Walgreens. You can also find truckloads and pallets from nearby Walmart liquidations.
The site has dozens of categories, but the most popular sections—and the categories with the most stock—are Apparel, Handbags, Jewelry, Consumer Electronics, and CBD Products.
TopTenWholesale is also one of the few online business liquidation sites with a global presence. Although the headquarters are in Los Angeles, TopTenWholesale also has physical representation in China, India, Colombia, Mexico, Bangladesh, the Philippines, and Vietnam.
7. Discount Wholesalers
Discount Wholesalers is one of the most established names in the industry. It offers closeout sales, overstock inventory, customer returns, factory seconds, and out-of-season goods.
The four main types of liquidation stores you’ll find on the site fall into either the Health and Beauty, Cosmetic, Apparel, Baby, or Household categories.
You can also sign up for its Department Store Programs. They are all manifested and sold as a percentage of the wholesale or retail value. With warehouses across the US, you can be sure to find discounted merchandise from liquidation sales near your house.
8. Bstock
Bstock claims to be the world’s leading liquidation platform for going out of business sales and closeout sales.
The company boasts direct relationships with some of the biggest retailers in the US, including Amazon, Best Buy, GameStop, Lowe’s, Macy’s, OfficeMax, Walmart, Seats, and JC Penney. When those retailers have liquidated stock from returns or excess inventory, they often list it on Bstock’s shop.
When you shop on Bstock, you can use the filters at the top of the page to locate the retailer you want to buy liquidated stock from. You can also browse by country. Majority of listings are in the US, Canada, and Germany, but you will see some availability in places as diverse as the UK, Hong Kong, and Slovakia.
Learn More About Liquidation Sales
If you browse the extensive listings on the liquidation sites we’ve introduced you to, you’ll be such to find incredible bargains in a near-limitless number of categories.
If you would like to learn more about how to save money online, make sure you check out our other articles on the best discounts you can get with a .EDU email address and the best auction sites for incredible bargains.
Image Credit: Vadim Vasenin/DepositPhotos
Read the full article: 8 Sites to Find Closeout Stores and Going Out of Business Sales
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