It is important for retailers to focus on finding new closeout suppliers.
As satisfied as a retailer might be with her current suppliers, there is no guarantee on how long those suppliers will stay in business.
Suppliers close their businesses for many reasons, including an owner retiring, or because of a substantial drop in revenue.
Even if a supplier stays in business, she might decide to switch her product line, thus depriving the retailer of the products that he needs.
While everyone understands the need to look for new wholesale sources, it can seem very challenging to find a supplier of closeout products. It can be easier than you realize to find new sources.
Once you do find a new wholesale source, you will be able to potentially expand your business by adding new products to your store.
Remember to always do your own due diligence before placing an order with a new supplier.
If possible, you should try to visit his warehouse, or send someone on your behalf.
Below are resources that you can use to find the merchandise that you need.