What is a liquidation store?

A liquidation store is a retail outlet that specializes in selling merchandise at deeply discounted prices. This merchandise is typically surplus, overstock, or closeout items that a traditional retailer is looking to quickly get rid of in order to make space for new inventory.

Liquidation stores source their merchandise from various sources, including manufacturers, wholesalers, retailers, and even bankruptcy auctions. The products sold in these stores can range from clothing and shoes to furniture, electronics, and household goods.

One of the key benefits of shopping at a liquidation store is the potential for significant savings on brand-name items. However, it's important to keep in mind that the selection may be limited, and the items may have minor defects or be in less-than-perfect condition.

Liquidation stores can be found both in physical locations and online. Some well-known liquidation stores include Big Lots, Ollie's Bargain Outlet, and Tuesday Morning. Additionally, there are also websites and online marketplaces dedicated to selling liquidated merchandise to consumers and businesses.