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If that doesn't happen, here's a secret: a trailer pulls up in front of the Kentucky Derby Museum early Sunday and sells leftover merchandise at a discount.
When it closes, Target will donate leftover merchandise to a local charity and give $25,000 to the Bridgehampton Historical Society.
Mr. Donnan, 67, raised money from about 100 investors for a company called GLC Limited, a liquidation business that regulators say acquired leftover merchandise from large retailers and resold it to discount stores at a profit.
Although they are not held during the current season, "Barganthons" in most months help clear leftover merchandise, with discounts of 50percenttoto 60percentt off traditional store levels.
While Black Friday discounts tend to focus on specific items — that $125 Smart TV at Walmart, or $59.99 Barbie townhouses at Toys R Us — Cyber Monday often features store-wide deals, as retailers look to move as much leftover merchandise as possible.
Soon after Crazy Eddie began going-out-of-business sales, but store supply remained minimal even when leftover merchandise from stores that had shuttered was sent to others that were still in operation.
Similar(52)
For retailers, back-to-school season starts, one industry newsletter coldly noted, "immediately after leftover patriotic merchandise is cleared away".
January is traditionally a lackluster month for retailers, which turn to clearance sales to get rid of leftover holiday merchandise and to make room for spring clothing.
But where discounters like Nordstrom Rack and T. J. Maxx have a bargain-basement atmosphere and leftover-seeming merchandise, U.A.L. feels like a designer boutique.
Mr. Martinez said competition is likely to pick up in coming months as apparel chains try to clear out leftover inventory to make room for new merchandise.
They plan to put together a catalog of their merchandise, and have hopes of selling some of the leftover inventory at cost.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com