Red Dot is a retail chain that specializes in selling closeout merchandise. The company was founded in 1999 and is headquartered in Dallas, Texas. Red Dot operates over 150 stores across the United States and offers a wide range of products, including clothing, electronics, home goods, and toys. The company's business model is based on purchasing excess inventory from other retailers and selling it at a discount. Red Dot has experienced steady growth over the years and has become a popular destination for bargain hunters.