Inside Liquidity Services’ 130,000-square-foot warehouse in Garland, Texas, the aisles aren’t lined with typical merchandise. Instead, they’re stacked with returns from Amazon, Target, Sony, Home Depot, Wayfair and more, all in the process of being liquidated.

“Liquidators are coming in and they’re buying up all of this product in bulk. They’re then packaging it, palletizing it and reselling it, either to be resold on a site like eBay or Poshmark, or even to individual consumers. So it’s turned into a much bigger portion of the industry than we’ve ever seen before,” said Sonia Lapinsky of consulting group AlixPartners.

The liquidation market has more than doubled since 2008, reaching a whopping $644 billion in 2020, according to data from Colorado State University.

Click to read the full CNBC article>>

Join the largest global network of B2B liquidation marketplace

Request Demo

Author

Editorial Team

Author

B-Stock Editorial Team

More from the B-Stock Blog

Will Holiday Retail Sales Underdeliver in 2023? Recommerce Solutions Can Help
Will Holiday Retail Sales Underdeliver in 2023? Recommerce Solutions Can Help

To many, the passing of Thanksgiving marks the “official” beginning of the holiday shopping season, but for years, the annual Q4 buying rush has been inching forward into the weeks ahead of Black Friday. In fact, one report found that…

Nov 28 2023 · 8 min read

How Predictive Analytics Demystify the iPhone 15’s Impact on the Secondary Mobile Market
How Predictive Analytics Demystify the iPhone 15’s Impact on the Secondary Mobile Market

Apple’s latest iPhone debuted early September and, as usual, started launching shipping shortly after that announcement. This time around, the release consisted of a standard and Pro version, each of which are available in two sizes, and various memory configurations.…

Nov 08 2023 · 10 min read

Predicting the Impact of the iPhone 15 on the Secondary Mobile Market
Predicting the Impact of the iPhone 15 on the Secondary Mobile Market

Nov 08 2023 · 0 min read

Like what you see?

Subscribe to our newsletter to get the latest news from B-Stock.