Savings Tips

What Is a Closeout Store? How Costless Wholesale Sells Name Brands Up to 70% Off

Costless Wholesale logo

If you have ever walked out of Costless Wholesale with a cart full of name-brand groceries, cleaning supplies and home goods for a fraction of what you expected to pay, you have probably wondered: how is this possible? The answer is the closeout business. Here is how it works, and how to make the most of it.

What is a closeout store?

A closeout store (also called an overstock, surplus or liquidation store) buys merchandise that large retailers and brands need to move quickly, then resells it to shoppers at a deep discount. At Costless Wholesale, that includes:

  • Overstock – a retailer ordered more than it could sell.
  • Closeouts – a product line or package design is being replaced, so the old stock has to go.
  • Discontinued items – the brand stopped making a size, scent or flavor.
  • Customer returns – items sent back to big retailers, sorted and resold.

Because we buy these lots in bulk, we can sell brand-name products at up to 70% off the regular retail price.

Why are the prices so low?

For a big retailer, unsold inventory costs money every day it sits in a warehouse. Selling it in bulk to a closeout buyer frees up space and cash, even at a low price. We pass that saving on to you. There is no catch on quality: in most cases you are buying the exact same products you see on big-box shelves, just at a different moment in their life cycle.

What can you find?

Inventory changes every week, but our shelves typically carry:

The trade-off: limited quantities

Closeout shopping is a little like a treasure hunt. When a lot sells out, it may never come back. That is why our regulars visit often: new merchandise arrives every week, and the best deals go fast. If you see something you love, buy it that day.

No membership required

Unlike warehouse clubs, Costless Wholesale has no membership and no fees. Anyone can walk in and shop. We accept cash, credit and debit cards.

Visit one of our three stores

Hours (all three stores): Monday to Saturday, 9 AM – 8 PM · Sunday, 9 AM – 7 PM.

Want to see what is on the shelves before you drive over? Browse our online catalog or check the weekly discounts, then call your nearest store to confirm availability.

Leave a Reply

Your email address will not be published. Required fields are marked *