New overstocks, also often referred to as Closeouts, tend to be goods which typically have never been merchandised or exposed for sale in a retail store. Such goods can materialize from importers, manufacturers or distributors who are closing down or simply have excess goods in their warehouse that they need to move. New Overstock pallets and loads tend to be less assorted than typical customer return loads but are generally in 100% new condition.
New Overstock items typically have the following characteristics:
• Items are typically 100% retail-ready and in new condition
• No additional retail/discount or warehouse labels/tags on the items
• Items are typically in their original factory case but occasionally can also be loose-packed
• Packaging and item tend to be in good condition with no excessive signs of handling