The growing popularity of online shopping is changing the retail business and affecting everything from shopping malls to the shipping industry. It also means items are returned in greater numbers than ever before. Read the Article
Mar
18
Dec
31
What happens to all those holiday gift returns? Company seeks to resell items, benefitting consumers
GARLAND, Texas — You might typically associate the days after Christmas as a time when people start returning things in mass quantities. But remember all those Black Friday sales? A lot of those sale items actually get returned right now. Read the Article
Dec
13
Turns out that retailers like Amazon aren’t too interested in restocking your returned impulse buys. Instead, they’ll often wind up in warehouses like one in Garland, where returned goods (including some that have never been opened) are auctioned off for cheap. Read the Article
Dec
12
Do you really want to make it a December to remember? Forget luxury cars or jewelry, get the veteran in your life a truly unforgettable gift -- a military grade Hummer! For the first time ever, Liquidity Services is offering for sale the AM General M1025A2 GMV Armament Carrier class HMMWV or... read more →
Jul
01
Growing up as an expat was an experience that helped shape Jorge Celaya’s career. His father left Cuba—and his job as an oil industry engineer—in 1960. Before Celaya was fifteen years old, the family had lived in six different places, five of them outside the United States. The frequent moves... read more →
May
17
Graduation season is a becoming a big retail market for consumers – from gifts to gadgets needed for their next stage in life, there certainly will be a lot of money spent around graduation. Read the Article
Jan
29
CHICAGO (CBS) — The holiday shopping season might be a distant memory, but with about $692 billion spent according to the National Retail Federation, a new business is booming. The companies that handle all the returns are doing quite well, and a lot of unwanted gifts end up in warehouses in the Chicago... read more →
Jan
25
As was the case in 2017, returns continue to be a significant issue for retailers, especially after the holidays. The NRF expects 13% of holiday purchases to be returned, slightly higher the 11% expected for the entire year, so the sheer volume alone makes it a real issue. But with... read more →
Aug
03
Liquidity Services, a global solution provider in the reverse supply chain with the world’s largest marketplace for business surplus, has 10 tips for sourcing back-to-school inventory in the secondary market from Liquidation.com, an e-commerce marketplace where professional buyers purchase bulk lots of returned retail merchandise for their resale channels. Read... read more →
Jul
24
The detritus from former Victorian coal power plant, Hazelwood, is being auctioned off, less than four months after the Latrobe Valley facility was shuttered by its French owner, Engie. Read the Article
