U.S. Online Sales Picking Up Pace As Holiday Nears
Investor's Business Daily - December 22, 2010
It's ho, ho, ho for online sellers, as the pace of buying has picked up late in a holiday shopping season already far exceeding last year. Liquidation.com, another online seller of excess inventory from retailers and manufacturers, expects to cash in on large returns of high-end TVs, jewelry and more. The site expects to get more goods to sell as consumers suffer from buyers' remorse over price and issues such as confusion about newer technologies like 3-D TVs, says Bill Angrick, chief executive of Liquidity Services (LQDT), which operates Liquidation.com.