When a store announces it's closing its doors for good, it often sparks a rush of bargain hunters hoping to score big. But not all store closing sales are created equal. While these sales can be a great opportunity to save money, there are some important things shoppers should know to truly make the most of the markdowns.
What Is a Store Closing Sale?
A store closing sale, often labeled as a “liquidation sale,” happens when a business is permanently shutting down and needs to clear out all of its inventory. This includes everything from merchandise and fixtures to shelving and decor. Sometimes, third-party liquidators run these sales, which can affect pricing and return policies.
The Pros: Why These Sales Can Be Worth It
Deep Discounts Over Time
As the final closing date approaches, discounts usually increase. Initial markdowns may start at 10–30% and can go as deep as 70–90% closer to the end. Patience can pay off—literally.Unique Finds
Depending on the store, you might uncover unique or hard-to-find items, especially in specialty shops, local boutiques, or long-standing family-owned stores.Fixtures and Furniture for Cheap
Stores often sell their shelves, mannequins, display cases, and even cash registers. This is a goldmine for small business owners, DIYers, or collectors.
The Cons: Watch Out for These
No Returns or Exchanges
Most store closing sales are final. Make sure the item works, fits, or is exactly what you want before buying it.Prices Can Be Deceptive
Some liquidators inflate the “original price” to make the discount seem bigger than it really is. Always do a quick price check online to compare.Selection Dwindles Fast
As inventory gets picked over, options become limited. If you’re after something specific, shop early.
Pro Tips for Navigating Store Closing Sales
Go Early, Then Go Back Late
Visit early to grab must-haves before they’re gone. Then return later in the sale for steeper discounts on what’s left.Don’t Buy Just Because It’s Cheap
A 70% discount isn’t a deal if you didn’t need the item in the first place.Ask About Fixtures
If you’re interested in furniture or display items, ask a manager. These often sell quietly or get posted later in the sale.Check the Return Policy Carefully
Some stores may honor returns if they’re part of a larger chain, but most don't.
Final Thoughts
Store closing sales can be a treasure hunt full of surprises and deals, but they require a strategic approach. By staying savvy—knowing when to shop, what to buy, and what to avoid—you can score some serious savings while helping a store clear out its shelves for good.