Closeouts - Considered to be excess merchandise from a previous season's production. changes in color, design, and fabric or missed deliveries are all possible causes. Closeouts by definition should all be first quality. Name-brand companies are left with billions of dollars in excess merchandise or inventory each year and are forced to sell their excess for a number of reasons: Items must be removed from shelves to make room for newer models; a change in financial circumstances or strategy may result in canceled orders; manufacturers may be downsizing or moving facilities; companies may need to reduce inventories for accounting reasons. As a result, the companies are forced to sell this first-quality inventory quickly and below their normal cost.

Customer Returns- Merchandise that has been purchased at a retail level and then returned to the original store for various reasons. Some returns are defective, broken or simply returned for no apparent reason at all. A consumer might return merchandise because it was bought in haste or by impulse. In this scenario if the original packaging is not intact or missing a component the retailer will deem it Salvaged. Defective or broken merchandise is a tricky area, often products can be repaired if you have the skill required to do so.

Stock Lot- Term used to describe multiples of the same item. Example: a Stock lot of apparel would be one garment in various sizes(Same style).

Shelf Pulls- Merchandise that has been placed for sale in a retail environment, but not sold for a variety of reasons. Often large retailers target a particular product for a certain season...once the season is over the merchandise must be cleared out to make room for next season's/year's product. Floor space is like gold in the retail business, and few stores can afford to have merchandise stocked on the shelf when the "next big thing" has just been released and ready for sale.

Overstock / Overrun - MerchandiseOverruns are over production from specific cuttings or orders and are generally the result of the order not matching the amount of material needed.

Discontinued Merchandise - When manufacturers come out with new models, old models become out-of-date and no longer desirable to sell. Discontinued merchandise can still be very valuable and useful (and in the collectibles industry highly desirable!), however is often sold to liquidators and surplus dealers.

Open Box/Floor Models - This also includes items with box damage. Often items need to be removed from their box to be used as displays at a retail store (vacuums, small , toys, just about anything). The items can range from brand new, to slightly used (due to use in demonstrations), but is almost always in good, useable condition.

Salvage Merchandise - Product that has been purchased and returned to a retailer. Product conditions range from pristine to non-repairable. May also include closeouts, seasonal merchandise, overstock merchandise, and discontinued merchandise.

Any of the above categories of closeout / liquidation Merchandise will sell very well at your venue.