What is overstock merchandise?
Overstock is excess inventory a retailer, distributor or manufacturer needs to move because of forecasting changes, seasonal transitions, packaging updates, discontinued assortments or warehouse constraints.
Unlike customer returns, overstock has generally not been sold and returned by a consumer. Packaging condition, age, shelf wear and assortment can still vary by program.
Overstock, shelf pulls and closeouts
Shelf pulls are products removed from retail shelves because of resets, seasonal changes, packaging updates or discontinuation. Closeouts are often end-of-line or excess goods sold to clear remaining inventory.
These terms describe the source of the merchandise rather than guaranteeing perfect condition. Buyers should rely on the details provided for each specific load.
Buying overstock by the truckload
Full-truckload purchasing is best suited to businesses with adequate storage, freight receiving capabilities and established resale channels. Review case packs, category concentration, estimated retail value, warehouse location and freight before committing.