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B-Stock Solutions, a technology provider powering the largest network of B2B liquidation marketplaces for Fortune 1000 organizations, is pleased to announce the launch of Overseas Trading Group’s official liquidation marketplace. This B2B online auction site will give business buyers around the globe access to new, overstock, closeout and customer-returned merchandise including apparel, accessories, children’s items, jewelry, tools & hardware and other mixed goods. There will also be a special category for buyers specifically looking for merchandise to export. The products will be sold in bulk ranging from a single pallet to full truckloads and containers. Bidding is currently open athttps://otg.bstock.com with additional inventory being posted regularly.
Sustained inflation has compressed consumer spending across categories, resulting in softened sell-through rates and climbing aged inventory ratios. For retailers, brands, and manufacturers, the downstream effects are distinct, but the core problem is the same: the excess inventory is there,…
This well-known athletic retailer had large volumes of aged overstock held at various distribution centers (DCs) around the country. A small group of jobbers purchased the inventory on informal terms, managed by each DC, leading to inconsistent processes and outcomes…