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30 Years of Business to Business Wholesale Experience
Wholesale101 provides value-priced brand-name apparel, accessories, footwear and home goods in bulk to businesses worldwide.
Wholesale101 is an online business founded by Ed Mascolo, President & Founder of NEJ Inc. ( www.nejinc.com) a trusted national leader in reverse logistics solutions.
Founded in 1990, NEJ has become one of the world’s top providers for proven strategies and custom solutions for managing excess inventory. We partner with specialty stores, retailers and famous brands to create sell-off programs by providing Business Process Outsource in reverse logistics, processing and reselling past-season, factory-excess and customer returns merchandise to a variety of off-price retailers. We provide complete reverse logistics and superior processing services on a per unit fee basis, including merchandising, quality control inspection, removal of tags, label alterations, hanging and re-packaging, and other value-add services.
NEJ, Inc. proudly represents various specialty retailers and their brands exclusively providing a sales strategy and distribution to global off-price retailers and purchasers.
Wholesale101.com is a business to business platform exclusively the inventory opportunities.
Our Pricing is 70% to 90% off MSRP
Wholesale101 provides inventory in lots as small as a single carton (for smaller items like jewelry and accessories), by the pallet, and in truckloads of mixed categories and/or single items depending on the given opportunity we purchased for sale. Because of NEJ’s long-term relationships with its brands we can offer our merchandise to you at prices well below retail. Our prices are typically 70% to 90% off MSRP (manufacturers’ suggested retail price). Pricing is listed by lot or by each individual item.
Purchasing
Since all merchandise
is warehoused by NEJ, Wholesale101 inventory ships within 3-5 business
days and can be purchased online with a credit card. Product
offerings include: apparel, accessories, footwear and home goods. Product sorting availability by solid brand, single style within a brand, or merchandised in assorted styles and sizes by category. All inventory is folded neatly into a carton.
Inventory lot size is sold by: single carton, pallet, or truckload. Pleas note that the pack will be defined in each product offering.
Merchandise Types
Wholesale101 trained staff and management inspects all
goods within a strict standard of quality control so all merchandise received
can go directly from carton to retail customer. On occasion, Wholesale101 offers “As Is” merchandise lots sold
“as is” with no quality control inspection. It will be clearly identified "AS IS" on the lot offering. Inventory purchases include: Factory
Excess: First
Quality closeouts and Irregular products purchased directly from the
manufacturer that have never been offered to the consumer. Customer Returns and Store Stock (CR's): Retail stores and
online purchases of previously sold inventory returned based on company’s
return policy. Customer Returns are purchased directly from domestic specialty
retailers or Department Store retailers.
Past Season Transfers (PST’s): Domestic specialty stores inventory that has was offered for sale in a
retail store or online is pulled off the shelves and racks at the end of a
selling season and shipped directly to Wholesale101.
Quality Classification
Merchandise received is inspected by trained team members
and sorted by quality criteria. 1. First
Quality (1st) 2. Irregulars
3. Seconds
(2nds)
APPAREL First Quality (1st): Canceled orders of a brand’s apparel items, overruns or
leftover merchandise after a given selling season that never shipped to
retailers. First Quality items are retail-ready condition with no defects
and/or irregularities. Irregulars: Apparel items with needle lines, slubs, fabric breaks or striations
(parallel lines in solid fabric such as denim that make the fabric appear
grainy). Only on close inspection will garments show the slight imperfections. Seconds (2nds): Fully functional garments with rips, tears, or holes less than
1/4 inch or stains less than 1/2 inch in diameter. Seconds also include garments
that are repairable by the customer such as missing buttons, broken belt loops,
broken zippers (dresses excluded).
FOOTWEAR
First Quality (1st): Canceled orders of a brand’s footwear, overruns or leftover
merchandise after a given selling season that never shipped to retailers. First
Quality items are retail-ready condition with no defects and/or
irregularities. Irregulars: Fully functional footwear with small blemishes, nicks, and
stains. Only on close inspection will items show slight imperfections.
ACCESSORIES
First Quality (1st): Canceled orders of a brand’s accessories, overruns or leftover
merchandise after a given selling season that never shipped to retailers. First
Quality items are retail-ready condition with no defects and/or
irregularities. Irregulars: Fully functional accessories with small blemishes, nicks, and
stains. Only on close inspection will footwear show the slight imperfections.
JEWELRY
First Quality (1st): Canceled orders of a brand’s jewelry, overruns or leftover
merchandise after a given selling season that never shipped to retailers. First
Quality items are retail-ready condition with no defects and/or
irregularities.
All Goods 100% Inspected
Store Stock Quality
Classifications Merchandise Grading categories:
1.
MOS Quality (#1 quality,
new goods)
2.
Mini Quality (#2 quality, minor damages)
APPAREL
MOS Quality: New apparel items
in retail-ready condition free of all defects but have been on retail floors or
shelves. MINI: Irregular and Seconds apparel items that may include needle
lines, slubs, fabric breaks or striations (parallel lines in solid fabric such
as denim that make the fabric appear grainy) along with fully functional
garments with rips, tears, holes less than 1/4 inch, stains less than 1/2 inch
in diameter and garments that are repairable by the customer such as missing
buttons, broken belt loops.
FOOTWEAR
MOS Quality: New footwear in retail-ready condition with no nicks,
blemishes, stains or evidence of wear on the soles. But have been on retail
floors or shelves. Footwear will be identified as boxed or unboxed (self-serve). MINI: Functional footwear with nicks, blemishes, stains or slight
cuts that are repairable by consumer. Soles may show small signs of wear and
slight irregularities may show on close inspection.
ACCESSORIES
MOS Quality: New accessories
in retail-ready condition free of all defects but have been on retail floors or
shelves. Mini Quality: Functional accessories with nicks, blemishes, stains or slight
cuts that are repairable by consumer. Slight irregularities may show on close
inspection.
JEWELRY
MOS
Quality: First Quality new jewelry in
retail-ready condition free of all defects but have been on retail floors or
shelves.
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