Month: November 2017

Your Local Liquidator Can’t Compete with an Online Solution

The retail industry is steeped with historical best practices going back hundreds of years. Traditionally speaking, retail has been a slow moving industry where not much has changed over the decades, including the use of a single, local liquidator who buys your overstock and returned items. Many retail professionals are most likely still working with …

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Posted in: Our Blog

Handling the Black Friday Backlash

America’s ‘Black Friday’ concept has now well and truly infiltrated the UK marketplace. After years of creeping across the Atlantic, Black Friday and its little brother Cyber Monday are now major events for shoppers with retailers with more emphasis now put on the day than ever before, creating an international gift-buying frenzy. Just last year …

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Posted in: In The News

Black Friday survival guide: Store and mall hours, top deals, money-saving tips and more

Retailers began touting Black Friday bargains before the leaves began to fall, and while the pinnacle shoppers holiday has evolved into an enduring string of sales, the time-honored tradition of dashing for doorbusters on the final Friday of November is as customary as turkey on Thanksgiving Day. Speaking of turkey, most major retailers will once …

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Posted in: In The News

Thankful for B-Stock

What’s not to love about Thanksgiving? Any holiday that focuses primarily on family and feasting is good with us!  This year’s Turkey Day post is all about what our team is thankful for (don’t worry, the usual post about Black Friday/Cyber Monday remorse will post next week). We got some great responses from people located …

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Posted in: Our Blog

What R2 Certification Means for the Mobile Secondary Market

The current mobile phone market is growing exponentially and the rules are quickly changing. This is especially true for the secondary market, which alone is worth $17 billion. Let this data soak in: there’s an estimated 4.6 billion cell phones in use throughout the world and when those devices are returned, they will need data …

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Posted in: Our Blog | Tagged

A Guide to Buying Customer Returns

Customer returns are at an all time high: in 2017 around $400 billion in merchandise was returned. The spike in ecommerce is playing a huge role (around 30% of online purchases are sent back), as are increasingly relaxed return policies. The point is, returns are running rampant! Over the past few years a shift has …

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Posted in: Buyer Resources

Just Say No to Fixed-term Contracts

We get that signing a fixed-term contract with a major liquidator or handful of buyers can provide a certain sense of relief: a signed contract virtually guarantees a predictable removal time for all of your excess stock. However, fixed-term contracts with a limited amount of buyers can create challenges, not to mention dependencies. By working …

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Posted in: Our Blog

Underwear of Uncertain Origin

The bidding opens at 25 cents. High above our heads, two television screens light up with images of the next batch of goods up for sale: women’s underwear. There are frilly slips and glossy satin negligees, brightly colored panties of different sizes and, um, styles. “Lot number 26. Lote número veintiséis,” says the auctioneer, a thickly built …

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Posted in: In The News