National Wholesale Liquidators
| Company type | Private |
|---|---|
| Industry | Retail (discount warehouse) |
| Founded | 1984 |
| Headquarters | Brooklyn, New York , United States |
Area served | Eastern and Midwestern United States |
| Products | Closeout merchandise including home essentials, furniture, appliances, automotive supplies, electronics, personal care products, seasonal goods |
National Wholesale Liquidators is a company headquartered in Brooklyn, New York, specializing in warehouse-format discount outlets focused on closeout merchandise. Its extensive product selection encompasses well-known brand items, home essentials, furniture, appliances, automotive supplies, electronics, personal care products, and seasonal goods. The inventory exceeds 120,000 SKUs across diverse categories such as towels, bedding, rugs, cleaning agents, electrical components, gifts, jewelry, kitchen textiles, luggage, clothing, paint materials, pet supplies, sports equipment, and video games.
At its height, National Wholesale Liquidators operated over 50 locations throughout the Eastern and Midwestern regions of the United States. These states included Connecticut, Delaware, Illinois, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island, Virginia, as well as Washington, D.C. In November 2008, the company initiated Chapter 11 bankruptcy proceedings and by December of the same year had shuttered 35 out of its 45 stores. The restructuring effort transitioned into Chapter 7 liquidation by February 2009. Subsequently, NSC Wholesale Holdings Inc., which is managed by former executives of NWL, acquired certain assets. As of February 2018, the company maintained 12 retail outlets located in Massachusetts, New Jersey, New York, and Pennsylvania.
In October 2018, National Wholesale Liquidators filed for bankruptcy once more and ceased operations at its remaining 11 stores. Following this closure, previous management acquired the brand name and intellectual property rights and relaunched two stores early in 2019: one situated in Brooklyn and another in Philadelphia within a former Kmart facility. A further store commenced operations in November 2019 on Long Island in Massapequa at a site formerly occupied by Toys "R" Us.
External links and further reading
- Articles with short description
- Discount stores of the United States
- American companies established in 1984
- Retail companies established in 1984
- Madison Dearborn Partners companies
- Companies based in Nassau County, New York
- Companies that filed for Chapter 11 bankruptcy in 2008
- Companies that filed for Chapter 7 bankruptcy in 2009
- Companies that filed for Chapter 11 bankruptcy in 2018
- Companies that have filed for Chapter 7 bankruptcy