NAICS Code 423990-22 - Job Lot Merchandise (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423990-22
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Looking for more companies? See NAICS 423990 - Other Miscellaneous Durable Goods Merchant Wholesalers - 13,919 companies, 83,677 emails.

NAICS Code 423990-22 Description (8-Digit)

Job Lot Merchandise (Wholesale) is a subdivision of the NAICS Code 423990 that involves the wholesale of miscellaneous durable goods that are sold in bulk quantities at a discounted price. This industry specializes in the sale of overstocked, discontinued, or slightly imperfect products that are still functional and usable. Job Lot Merchandise (Wholesale) companies purchase these products from manufacturers, retailers, and other wholesalers and then sell them to retailers, discount stores, flea markets, and online marketplaces.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423990 page

Tools

Tools commonly used in the Job Lot Merchandise (Wholesale) industry for day-to-day tasks and operations.

  • Pallet jacks
  • Forklifts
  • Hand trucks
  • Conveyor belts
  • Shrink wrap machines
  • Box cutters
  • Tape dispensers
  • Label makers
  • Barcode scanners
  • Inventory management software

Industry Examples of Job Lot Merchandise (Wholesale)

Common products and services typical of NAICS Code 423990-22, illustrating the main business activities and contributions to the market.

  • Discount stores
  • Online marketplaces
  • Flea markets
  • Retailers
  • Liquidation stores
  • Auction houses
  • Surplus stores
  • Dollar stores
  • Thrift stores
  • Warehouse clubs

History

A concise historical narrative of NAICS Code 423990-22 covering global milestones and recent developments within the United States.

  • The Job Lot Merchandise (Wholesale) industry has a long history dating back to the early 20th century. The industry started as a way for manufacturers to sell off excess inventory and discontinued products to wholesalers who would then sell them to retailers. The industry grew rapidly during the post-World War II era as consumer demand for affordable goods increased. In the United States, the industry saw significant growth in the 1980s and 1990s as discount retailers like Walmart and Target became more popular. These retailers relied heavily on job lot merchandise to offer low prices to consumers. In recent years, the industry has faced challenges due to the rise of e-commerce and changing consumer preferences. However, job lot merchandise remains an important part of the wholesale industry, offering consumers access to affordable goods and providing retailers with a way to manage inventory and increase profits.