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Walgreens and partner B-Stock have unveiled Walgreen Liquidation Auctions, an online B2B marketplace that sells overstock merchandise and products that have been returned by customers to qualified business buyers, according to a B-Stock blog post. The marketplace, which features items such as apparel, footwear, cosmetics, personal care Items, small appliances and other products, will sell items in truckload (FTL) and less-than-truckload (LTL) quantities, and in various states of use, including new, light-use and salvage, B-Stock stated.
B-Stock, which has also worked with retailers such as Amazon to set up similar marketplaces, said that Walgreens’ auction lots will ship from 15 different locations throughout the U.S.
Each year, B-Stock facilitates the movement of billions of dollars worth of returned and overstock inventory via the world’s largest B2B recommerce marketplace. This means, of course, that we sit in the middle of a two-sided network madue up of…