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Defining Overstock and Closeout Inventory

Defining Overstock and Closeout Inventory

RKS’s showroom is filled with so many different brands of food and toys but do you ever wonder what happens when their shelves become too full or manufacturers produce more goods than they can sell? When inventory becomes stagnant from a retailer’s perspective,...
Closeouts, Overstock Inventory and Liquidators

Closeouts, Overstock Inventory and Liquidators

What is the closeout business? The word closeout can often be associated with excess inventory, obsolete, and wholesale. While many of these words do play a part in the definition of closeout as a whole, a large piece of the story is missing. Running a closeout...