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The jewelry industry is notorious for holding large amounts of overstock of products which can’t be shifted. Here Ben Whitaker director EMEA of B-Stock Solutions considers the importance of web-based B2B auctions when it comes to helping to shift that stock.
Sagging sales for large jewelers and manufacturers have left considerable amounts of overstock merchandise that must be sorted out behind the scenes. Historically, these retailers and manufacturers have relied on one or two liquidators for dealing with their returned and excess merchandise.
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