Closeout stores are retail outlets that sell products at significantly reduced prices, often due to overstock, discontinued items, or seasonal clearance. These stores typically offer a wide variety of goods, including clothing, home goods, electronics, and food, allowing shoppers to find bargains on brand-name items. The inventory in closeout stores can change frequently, as they buy surplus stock from manufacturers and wholesalers. Popular examples of closeout stores include Big Lots and Ollie's Bargain Outlet. Shoppers often visit these stores to save money while still finding quality products.