Clearance Hardwood Flooring
is a term that relates to Hardwood Flooring that is sold at cost or below cost sometimes by the manufacturers, or by distributors.
Why Clearance Hardwood Flooring?
The reasons are varied, but the common thread is the making room on the inventory for a new item. Sometime a particular type of wood turned out not to be popular, while in certain other cases sales were not as brisk as one might have expected. Regardless, New inventory must be brought in, so the leftover item must be discounted severely and offered to the public thru specific and very regulated Discount channels.
Another possible example of a discounted Hardwood Flooring is the fact that a major distributor is accumulating a bunch of odds and ends that take too much space on his very optimized inventory warehouse…300 sq. ft. of this, and 200 sq, ft of that. Rather than waiting indefinitely for the right buyer the Distributor will aggregate all these “Remnants” into a Mixed Bag Truckloads at a very steep discount, when that happens we are there…a complete willing participant wanting to bring this special value to market.
It is not uncommon for a Manufacturer to Liquidate at severe discount large quantities of these materials because of Macro economic situations, and for sheer cash flow demand.
Also we’ve seen entire Business close entire distribution centers or warehouses trying to consolidate their operations in the face of difficult economic headwinds.
Finally one has to consider the extreme case of Bankruptcy or complete business dissolution. In such cases not just discounters, but veritable salvage companies are brought into the mix. Such companies are so large they are able to assume total ownership of the failed business and dispose of the assets […]