Discount liquidation7/31/2023 ![]() ![]() ![]() And as sales diminish, they increase the discounts," he said. "If people are buying at 10 and 15 per cent off, why would give 20 and 25 per cent off?" They offer up at 10, 20, 15 per cent off and they sell as much as they can. So liquidators won’t drop the prices until shoppers stop lining up at the cash register. Ordon added that even though Target Canada customers are whining about the small discounts, they’re still buying merchandise. "How about all those creditors who are owed money and have goods in the store? If the liquidator and the company don't act responsibly, then those guys aren't going to see any money back on the cost of their goods." He also is not involved in the Target sales.īesides wanting to reap profits for themselves, Ordon said, the liquidators also have a responsibility to make as much money as possible for Target Canada, which owes billions of dollars to hundreds of creditors, including suppliers. "The motive for the liquidators is to sell the at the highest price because they get paid based on performance," said liquidator David Ordon with DSL Commercial in Toronto. The liquidators will make a commission - a small percentage - off every item they sell. U.S.-based Target announced last month it was closing its 133 stores in Canada.Ī group of liquidation companies is overseeing the clear-out sale. Some shoppers say that's not good enough. Target Canada is currently offering only a 10 per cent discount on some items during its liquidation sale. That’s the point, said Jeff Schwarz, a Vancouver liquidator who hosts a reality TV show on the topic. I was expecting more along the lines of between 30 and 40 per cent off throughout the store. "They didn’t realize it is a liquidation sale and they didn’t treat it as such. "Ten per cent off bedding is nothing," scoffs Dalene Benatar. "Liquidation means everything is 50 per cent off, so what’s the use?" They’re trying to milk it, that’s the bottom line. Even it they take 20 per cent off, it’s still too expensive."ĭavid Kebede, who was hoping for a deeper discount on a children’s bed, agreed. "Everything is overpriced," complains Juliana Watts, who walked out empty handed. Target Canada's liquidation sales add to worker chaosīut that's not enough to please many customers.Target Canada's liquidation draws crowds, but also bargain hungry critics.Valentine's Day candy, cosmetics and stationery are also now discounted by 30 per cent. Many food items, furniture and toiletries are still stubbornly stuck at just 10 per cent off.Ī store clerk says prices for handbags and accessories have dropped on this day from 10 down to 30 per cent off. Dismal dealsĪs shoppers scour the aisles at a Target Canada store in Toronto, they scope out discounts that still range between 10 and 30 per cent for most goods. Instead, liquidators aim to rake in as much money as possible before the doors are locked for good. Their main goal is not to offer great deals to demanding customers. We value the relationships that we build with our customers and want them to be 100% satisfied with our products.They expected door crashers and deep price cuts, but a little more than a week into Target Canada’s liquidation sales, some shoppers are complaining about what they didn’t expect: meagre discounts.īut those in the liquidation business say they often need to start slowly. You can always be satisfied with our pallets, as we do not pick and choose from them and sell them as is at a very low price. We are always trying to do better for our customers and to make sure they leave our store with a smile and a large amount of savings from our store. We strive for excellent customer service that way we can always have the customer come back to us. We are all about giving our customer a great deal for top quality merchandise. We carry Clothing, Shoes, Purses, Electronics, Appliances, Cosmetics, Toys, and so much more. We supply our merchandise to retailers, wholesaler buyers, flea market vendors, eBay sellers, auctioneers, distributors, exporters and much more. We offer to our customer incredible saving buy our merchandise at up to 90% off retail cost. We liquidate most major department store in the USA. We have now opened our door to the general public and wholesalers to come and choose by selecting pieces from our showroom floor or to purchase in bulk such as pallets and truckloads. We are a family owned and operated business that has been trading for over 5 years in various markets worldwide. “We are Discount Liquidators founded 2015. ![]()
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