About

About

Newton Wall Company has been family owned since 1950. Newton Wall and his wife Maurine started with their first fire-damaged Grocery Store in Shawnee, Oklahoma. Three generations later, the Wall family continues to operate our 13 Walls Stores located in Oklahoma and Mississippi. We also have Processing Facilities and a Bound Rug Factory in Shawnee, Oklahoma.

We only buy merchandise that offers ULTIMATE VALUE to our customers from Bankruptcies, Insurance Losses due to Fires, Storm Damage, Earthquakes, and other Natural or Man-made Mischance, Factory Over productions and Irregulars, Close-outs, and other Overbought Situations. We take these goods to our stores in Oklahoma, Texas and Mississippi and sell them at 40% to 75% off everyday regular retail prices. Because of this, our inventory is constantly changing from week to week. We typically will not have the same merchandise in every store. It is a good idea to shop us often, because some of the best buys don't last very long! Don't let the bargains pass you by! A majority of our merchandise comes from the most prestigious department stores in the finest malls that America has to offer. We can mention the name brands that we carry sometimes, but most of the time we cannot reveal the store's famous name, even though you will most likely find their name on the tag!

Come in and test the waters! We think you'll find something that you can't live without for a price that is almost too low to believe! MORE FOR YOUR MONEY!

How We Get Our Merchandise

Walls purchases our merchandise from all over the United States through numerous sources. Our pricing is based on the category of merchandise.

Insurance Losses

Due to Fires, Storms, Tornadoes, Hurricanes, Earthquakes, Frozen Pipe Breaks and other Natural Disasters. Man-made Disasters like Truck and Train Wrecks, Forklift and Construction Equipment Damage, etc.

Factory Overproduction

When a Manufacturer contracts to make so many pieces of goods for a retailer, they usually make an extra 10% to 20% to cover themselves in case of irregulars or seconds. The manufacturer then is stuck with the extra. We can buy this at way below what it originally sold for.

Bankruptcies

Any type of Business that is unable to pay it's debts. There are several type of Bankruptcies, some the Court orders that everything is sold off, in some cases the Court or the Business decides to sell a part of what they own to help catch up the debts.

Vendor Buybacks

Often when selling a store a new line of merchandise similar to one it already carries, the dealer agrees to buy all of the current store stock so they will have room to stock his. The Dealer is then stuck with another manufacturer's goods. We help them out.

Late Shipments

The newest Retail Concept is "Just On Time" Shipping. When a Retailer has something made or imported, part of the agreement is a Window, (usually 1-2 weeks) that it can be delivered in so that the Retailer can use less warehouse space. When the goods don't come in on time, often the Orders get canceled and the Manufacturer or Importer gets stuck with the goods. We help out these people too.

Closeouts

When a manufacturer changes it's product, (brings out a new model or changes the look of their packaging), Retailers don't want the "old one". So there are a certain amount left. We can help them out.

Mistake Closeouts

If a manufacturer comes up with a new idea, (let's say a Mousetrap). It's a remarkable Mousetrap that really catches mice real well but the cost is so high Retailers have to sell it for $50.00. They don't sell very many because the old mousetraps sell for $1.00. We can usually find a price that you will pay for it but unfortunately for the manufacturer it's below what it cost to make it.

Advertising Barters

When someone uses advertising to sell something, (those Late Night Infomercials, etc.). Sometimes they don't sell near as many as expected but they still owe the TV Station for the advertising, they give them merchandise in trade. The TV Stations sell this off, (because they want money not merchandise) to us way below wholesale prices.

Zealous Buyers

Buyers love to buy stuff, that's why they are Buyers. Sometimes "their eyes are bigger than their purse" and they buy more than they can sell in a season. We buy off their "Excess" at a Bargain and then they have budget to buy more.

Catalog Buyouts

A Mail-Order House will buy a lot of merchandise before they send out Thousands (often Hundreds of Thousands) of Catalogs. When they are ready to come out with a new catalog, (normally every 2-3 months) they have to decide what items to put in it. Even though that this item sold well there is not enough left, or they don't have all of the sizes they can't get more in time. So they sell off the leftovers to us at a Bargain.

Factory Seconds and Irregulars

Factory Irregulars come from a Flaw, (sometimes called Slubs) in the material that is used to make the item. Factory Seconds are actually mistakes in making the item, hemmed wrong, or the print of the pocket fabric does not line up with the rest of the garment, etc.

What We Sell

If you would like to see an example of the types of merchandise we sell in our stores, follow the link below to see some of our older advertising circulars. Remember that these items may not be in our stores at this time!

Older WALLS Advertisements

Bargains Since 1950

Newton Wall Company is a buyer of Retail Salvage and Closeout Merchandise. We operate Walls Bargain Center in Oklahoma and Mississippi.

Who we are

We are a family owned and operated business that was created by the Wall Family in 1950. From the beginning we have been driven and inspired by an opportunistic buying philosophy (willing to take a chance on just about anything). Back in the beginning our "salvage and sale" business plan was considered a crazy new retail concept a gimmick and would never last and now we are still going strong with the 3rd generation of Walls managing the business on a daily basis. We have grown into a company with Walls Retail Stores, a Rug Manufacturing Facility and 250,000 square feet of warehousing and processing centers.

Services

How we do it

How we do it can really be described in one word, "differently". When most folks are running away from disasters our buying team is running to get there. We purchase insurance claims in the millions of dollars from mom and pops that had a fire in the back room, to some of the largest retail conglomerates in the world with roof problems. No claim is too big or too small... let's talk. We don't just buy insurance losses, we will jump on just about any opportunity. When times get tough and economy's forcing businesses into bankruptcy, we are looking to buy and replenish their cash flow. When orders get cancelled and you are left holding the bag, we want to purchase the bag and let you get back to business. When you decide to close out an item that is when we want to buy it. If a mistake is made in the manufacturing of an item, we buy those mistakes. If your buyer has overbought, we want to buy what he should have not and leave it to you to curb his "buying appetite". Just in time delivery has become one of our best sources because late freight is just in time for us.

Why

We do it because we are good at it. We have found a niche. Not many folks can do what we do (nor do they want to do) at the level we do it. It is not as easy as we make it look, but it is always fun and exciting. And with all this fun and excitement we still manage to have a life too. With the company history of over 65 years driven by an entrepreneurial and opportunistic mentality, we have learned a few things along the way. We are able to shift gears at a moment’s notice. Phone calls are received, buyers board planes, deals are made, stores are shifted and re-vamped and all with a controlled professionalism at lightning quick speed. Our suppliers and customers have come to know and trust us. Good business breeds good business.

Protecting brands and labels of national companies and store chains keeps our suppliers at ease and they know when Newton Wall Company handles their deal they will not have to suffer from bad press or the goods returning to their stores. We are able to buy merchandise without the restrictions and hang-ups of other retail stores. Deviation from our logistical planning doesn't blow up our system, so when a good deal comes along we can buy it. We are driven by opportunity not by some report submitted by a demographic research analyst that has factored into the static inventory levels of any given season! No bar codes..... No problem!

Where

We will go wherever the goods are. We are willing to send our trained logistic people into disaster areas, big cities like NYC (thank God for GPS) and even little rural communities in Montana (and again thanking the good Lord for GPS) to cut a deal. In our travels and in our experience we have seen just about everything. Don't be embarrassed by the condition of your inventory we are willing to take a look at it, just give us the opportunity. We buy goods from every state in Union including Alaska and Hawaii. Our main processing center is at our world headquarters in Shawnee Okla. which is within a few miles of the center of the country.

Within our 200,000 square feet of processing and warehousing centers we are able to “delabel” whatever is required to protect other stores names brands and labels. When required, we have the ability to retail the goods in rural areas that will not upset your normal market place. No One is better at protecting markets and brand names than Newton Wall Company.

What

We will purchase just about anything that can be sold at retail. Actually it is easier to say what we don't buy. We hate to limit our opportunities but for now... We don't buy perishables (fruit, vegetables, milk, etc.), we don't buy cars or small countries, and we don't buy anything you have to feed. (Goats, cats, emus and etc.)

When

You tell us. We are ready, 24/7, 365.