This week we launched the new Sam’s Club auction site on the B-Stock platform! This launch is the culmination of some great work done by the B-Stock and Sam’s Club teams. After a long history of operating on the former Fairmarket platform (acquired by eBay in 2003), the Sam’s Club auction site has successfully transitioned …
I was excited to see two fantastic liquidation lots of excess, brand new inventory available on www.bstocksupply.com today. We have a full truckload apparel lot of women’s clothing. The items have an original retail price of $20 and up per unit. The listing started at $.90/unit. It contains around 19,000 units. We also have listed …
Ran across this nice, succinct overview of why companies should implement Liquidation Sales Management Systems like B-Stock’s. Don’t telegraph underlying weakness or problems. Keep inventory clean all the time, not just after the all-too-common end of quarter fire drill. Here is the text of the article: Every business organization that is engaged in manufacturing, trading …
I read this report by Phil Wahba on Gap Inc. today. Two things struck me that I think make it clear why it is so hard to run a fashion retailer well: 1. Wahba reports in the article that Gap is betting on the success of their new “black pants” line. They are preparing an …
It is great to see the new inventory that just launched on BStockSupply.com. There is a wide variety of liquidation product from refurbished consumer electronics to power tools and accessories. The electronics include Apple iPods, HP and Asus notebook computers, Asus netbooks and Garmin GPS units. These products are all refurbished and many come with …
We at B-Stock are all very excited that our newest marketplace is open for registration! Bidding will begin on June 21st when we will launch bulk lots of iPhones, blu-ray players and digital picture frames. You will see a growing assortment of products in the site over time. Register now to get approved to bid!
I am excited to announce the addition of Jean Kovacs to our Advisory Board. Jean founded Comergent Technologies, built it into a world class enterprise software company and sold it to Sterling Commerce in 2006. Her operational experience running an organization that built and sold e-commerce-oriented enterprise software solutions into the same markets that we …
Sobering article by Will Ashworth on the financial side of retail customer returns. He says that, “According to the National Retail Federation, customers returned merchandise valued at $185.5 billion in 2009, approximately 8% of total sales.” Given that most returned product cannot be resold in the store, it often ends up in liquidation. The fact …
I had the pleasure of speaking with Ina Steiner recently about product sourcing and the role B-Stock Solutions plays in helping online sellers and other merchants get direct access to liquidation inventory from major retailers. You can find the interview here. http://bit.ly/bcx26k If you like what you hear REGISTER now and we’ll alert you to …
I just read this article and was shocked (in a ‘wow, how could they let this happen’-way) by the analyst’s assertion that furniture retailers need to replace 35% of the inventory on their showroom floors to ‘freshen up’ the assortment. Companies need to get out in front of this sort of issue rather than react …