Buying Truckloads of Lowe’s Hardware Returns
If you’re looking to buy Lowe’s returns pallets, or want to find out more about Lowe’s returns you’re in the right place. Lowe’s is one of the largest home improvement and hardware stores in the US, and liquidate their customer returns through Direct Liquidation’s online platform.
Lowe’s is the second-biggest home improvement retailer in the United States, with operations across the country, as well as in Canada and Mexico. When it comes to home improvement retailers, they don’t come much bigger than Lowe’s – a name customers have been able to trust since 1946.
If you run a hardware retail business and you’re on the lookout for a cheap and reliable source of wholesale merchandise for your business, you may be interested to know that you can actually get your hands on lots of top-quality Lowe’s products at a fraction of their retail value. How so? By purchasing truckloads of Lowe’s customer returns from liquidation auctions held by a top-tier liquidator such as Direct Liquidation.
Why Lowe’s Returns?
Lowe’s, around since 1946, has more than 2220 stores throughout the US, almost double the number 15 years ago. Lowe’s is estimated to have 18 million customers per week, driving more than $70 Billion in sales in 2019.
A typical Lowe’s-branded home improvement store stocks approximately 39,000 items. This means that when sourcing liquidated hardware and tools, by choosing Lowe’s, you’re working with an established household name, with a massive supply of different items. This isn’t your average local small business, with limited stock.
Lowe’s stocks all the top names in hardware, tools and home improvement supplies, and as a result has seen near uninterrupted year-on-year growth, opening new stores and seeing sales rise. You should take this to mean that the stock Lowe’s carries is popular, saleable and sought after by a growing number of people- All good statistics when you’re deciding on where to source your liquidated goods from.
The continued growth and expansion into new markets also mean more customer returns. Lowe’s packs these up, and sends them over to Direct Liquidation, where we then list Lowe’s home improvement returns, from the pallet to the truckload for anyone to purchase. You’ll find everything from fixtures and fittings to power and hand tools to home appliances, returned for a variety of reasons.
What Are Lowe’s Returns?
Every year, across the United States, Canada, and Mexico, customers return thousands of items to Lowe’s stores for a wide variety of reasons. Some customers find the items they purchase don’t work when they get them out of the box. Others regret their purchases for financial or other reasons and hand the items back. Others discover slight or visible damage to otherwise working items and swap them out. Lowe’s sees returns of appliances that won’t fit where they were intended to, over-ordered flooring or wall coverings, and decor. There are also returned tools that were unwanted gifts, and over-ordered building supplies. These are all items in great condition, ready for resale, and are liquidated alongside more damaged items.
Whatever the reason for a customer to return an item, these returns present Lowe’s with a considerable logistical headache. No longer legally allowed to describe as brand new what can in many cases be new, these returns have to go somewhere. That somewhere is on the valuable warehouse shelf spaces the company has throughout the country.
Lowe’s is not a discounter. If it were, it would clear space to sell these returns at discounted prices in their stores. But that store shelf space is more valuable to Lowe’s if it’s filled with brand new products Lowe’s can at sell full price. So, what does the company do with a mountain of returns it does not want, but still wants to see at least some financial return on?
The answer is it turns to a top-tier liquidator such as Direct Liquidation, who offers Lowe’s a space on its online liquidation marketplace to sell its returns to business customers for a considerably reduced price via Lowe’s liquidation auctions.
This is where your opportunity comes in. Once you’ve got your hands on these pallets of returned stock, you need to sort out the contents. What items are already good to go for resale? What items simply need repackaging, where appropriate? You need to test out any tools, to make sure they are working, and if not, how can they be repaired. When buying liquidation pallets in bulk, or by the truckload, there is a good chance of duplicated items, that can be used as parts donors, allowing you to create as many fully-working products as you can.
The more fully working products you have to sell, the greater your profits could be. Even items that don’t work, and you can’t replace, can still be sold on – a quick look on sites like eBay show a wide market for not-working tools, hardware, and appliances. Someone somewhere is always looking for parts, and you might just have them.
You can even sell off the parts yourself – working battery packs from drills, charging cables, elements, lights and handles from appliances, all are in demand by somebody. The more you put into maximizing your profits, the better the returns you’ll see. This is what you put into it, and where your money comes from. Making money using returns isn’t as straightforward as stocking and selling brand-new items, but the initial outset is cheaper, and the scope for a good profit margin is higher for this same reason.
This is also why buying in bulk gives you the best chances, if you have the storage space. Not only are you likely to get more of the same items, but also you’ll save on relative shipping costs. If it costs less per-unit to ship, then that reduces the amount you need to make per-unit to see a profit.
Pallets of Lowe’s Returns in the Warehouse
A Huge Range Of Quality Products
If you’re a hardware retail business looking for a cheap and reliable source of Lowe’s liquidations, look no further than Direct Liquidation’s online sales platform. On Direct Liquidation’s Lowe’s Hardware landing page, you’ll find a huge range of Lowe’s customer returns that can be bought in truckloads.
You’ll find everything from Lowe’s outdoor lighting, curtains and window coverings and hand tools, to big-ticket items such as outdoor grills and heating and cooling units. And with new lines of Lowe’s returns arriving on Direct Liquidation’s site daily, in the unlikely event you don’t find what you’re looking for, let us know – not everything is listed on the site at all times.
Because the retailer works directly with the liquidator, there’s no tampering with manifests to make the pallets of goods look better than they actually are. What you see on the site of a liquidator like Direct Liquidation is what you get – no ifs, no buts. And in the unlikely event that problems do arise, Direct Liquidation has a dedicated team of hard-working liquidation specialists to answer any questions or settle any disputes that might arise. That’s the extra peace of mind you’ll have when dealing with a Better Business Bureau-accredited business with a reputation of not only its own to uphold but that of its retail partners too.
Buying Truckloads Of Lowe’s Returns
Buying wholesale truckloads of Lowe’s returns from Direct Liquidation couldn’t be easier. Simply search for truckloads of Lowe’s returns using the drop-down menus and you’ll be taken to a search results page that will show you all the pallets of Lowe’s hardware returns currently available. This can then be refined further using the options on the left to sort by type, quantity or location. Sorted pallets will come with a complete manifest, detailing exactly what’s included down to the last screw. As well as the description, and UPC# the original MSRP will be listed, as well as the current condition of each item. Every lot that has a manifest will have a download link at the bottom of the page, allowing you to see the full manifest as a spreadsheet.
Many of the lots, including most of the truckloads, are unmanifested returns. In this case, the MSRP value given on the lot listing will be an estimate based on the average value.
Some Lowe’s returns lots are also listed in an auction format. Auctions typically only last for around 48 hours, though new truckloads are uploaded daily. If you miss out, you won’t have to wait long to find more. Be aware of current locations and changes to shipping costs when comparing listings. One lot may look cheaper than another, but if it costs more to ship to your location, you need to calculate if you’ll be saving money going for that lot, or not.
Many truckloads of Lowe’s returns can be bought for a fixed price, which will be well below each truckload’s original retail worth, as indicated by the MSRP value listed on each load. You can also approach the liquidator if you’re looking to make a large or recurring order, in order to save time and money. Just let us know if you are looking for something in particular. We can also offer you great deals on stock not listed on the site.
Once you’ve purchased your truckload of Lowe’s returns from Direct Liquidation, the shipping is, of course, up to you. If you would prefer Direct Liquidation to handle the logistics and deliver the goods you buy from to an address of your choosing, we will be only too happy to give you a quote. We have partnerships with major shipping companies, so we are likely to get you the best offer. There is a shipping cost estimator on each listing, simply find the box next to the current lot price, and enter your Zipcode for a quote.
If you prefer to handle the shipping yourself or use a third-party courier company, you’ll be glad to hear that Direct Liquidation’s network of distribution centers are conveniently located near to major highways in sites across the US. Choosing products in warehouses close to you means you can cut down on delivery costs, and you’ll also cut down on the amount of time your goods will take to get to you. You can also pick up the merchandise yourself, if you have a suitable truck. If you’re interested in this, please contact the help team using the live chat feature on each page.
If you’re on the lookout for a cheap and reliable source of top-quality Lowe’s hardware returns of all descriptions, be they tools, light fixtures or AC units, look no further than Direct Liquidation. With a proven track record when it comes to handling big-name retailer returns, Direct Liquidation is a name you can trust when it comes to purchasing truckloads of Lowe’s returns. So why not check out our online liquidation marketplace today and see what Direct Liquidation can do for your business?
Jordan currently works as a sales representative for Direct Liquidation, assisting businesses with product sourcing of liquidated merchandise from the largest retailers in the world. Whether you are looking for a pallet or a truckload Jordan is here to help you grow your business.
Schedule a sales callback with Jordan right now.
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- Pallet – 55 Pcs – Security & Surveillance, Drones & Quadcopters Vehicles, Receivers, CD Players, Turntables – Customer Returns – Night Owl, World Tech Toys, Sky Rider, Arlo
USD $1,132.07 Buy NowEnds
USD $1,029.161 Bid
- USD $6,843.02 MSRP
Untested Customer ReturnsQty: 551 Pallet (373)Ships from: Bentonville, AR