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CUSTOMER RETURNS
What is the value? As a rule of thumb, you generally will be paying somewhere between 8 to 12 percent of the retail selling price for products you receive. Obviously, even with a small throw away percentage, and with some of the product slightly imperfect, this is still a tremendous value.
Are there restrictions? Yes! In most cases, product must be delabeled in some manner. Product cannot be advertised as having originated with the retailers.
Major discount store returns: Sold by pallet from locations around the country. Five to six foot high shrink-wrapped pallets loaded with bargains! This is one of the premiere discounters in the country. Note: Delabeling required. Price $345.00 per pallet.
Discount store clothing: Sold at 12% of retail or at $1.90 per unit, depending on the retailer. FOB Minneapolis, Minnesota.
Mail order returns: From major mail order company. Sold at 24% of cost. Consists of unique gift and household items, clothing, audio video, books, games, and other interesting products. FOB Minneapolis, Minnesota.
Brand name clothing returns: From a 600 store national chain selling brand names for less. Sold at 12% of retail (approximately $1.80 per piece). FOB Minneapolis, MN.
Wholesale club returns: Major national wholesale club returns including food, electronics, clothing, and general merchandise. Various sized loads. Very clean goods. Sold at 32% of retail, delivered.
Department store returns: From the preeminent department store in the Midwest. Beautiful brand name and designer products. Both clothing and hardlines. Sold at 8% of retail. FOB Chicago, IL. Some restrictions apply.
Sporting goods returns: A major west coast sporting goods company provides this merchandise. They load $100,000.00 at retail in the truck. Your cost is $6,000.00 FOB Fontana, CA. Note: Merchandise must be sold east of the Mississippi River or by special approval.
Major chain store clothing and hardlines: This primarily west coast chain will floor load a 53-foot truck from floor to ceiling with clothing, shoes, housewares, and other hardlines. Usually 15,000 to 17,000 pieces are on a load -- and packed full! Your cost is $25,500.00 per truckload. FOB Texas, Utah, and California. Note: Delabeling required.
More Department store returns: Consisting of clothing, shoes, hardlines, and all other products. Sold for export only. Hardlines are sold at 18% of cost, domestics are sold at 20% of cost, shoes at 22% of cost, and clothing at 15% of cost. FOB Findlay, Ohio.
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