By Jason Wheeler We live in a return culture. But much of the stuff we take back bypasses the store shelf and is plucked by bargain hunters from 're-commerce' giants. DALLAS — A lot of y’all didn’t like what you got for Christmas. We know because we... read more →
Feb
06
Jan
16
By Inside Edition Staff The company is called Liquidity Services, and they purchase retailers' returned goods for pennies on the dollar, then sell it in on-line auctions. Over half of America returns a holiday gift, and there is a chance that gift ended up in this Pennsylvania warehouse. This hangar-like facility houses hundreds of... read more →
Jan
08
By Jeff Clabaugh An estimated 18% of holiday gifts from this past season will be returned to retailers. Most won’t end up back on the retailers’ shelves, but those returns aren’t a total loss. Bethesda, Maryland-based Liquidity Services is among companies helping retailers salvage value from returned merchandise... read more →
Jan
06
By Brian Cheung Rather than get put back on shelves, many returned goods enter the booming “reverse supply chain” industry, in which liquidators sell off unwanted items by the pallet. Retailers are now in the throes of processing billions of dollars in returned holiday gifts, but many of... read more →
Jan
03
By Olalekan Adigun Liquidity Services, Inc., a global commerce leader advocating the circular economy, has announced the acquisition of Sierra Auction, a top-tier auction company with a strong presence in the Southwestern United States. With this strategic move, Liquidity Services widens its market reach while simultaneously bolstering its... read more →
Jan
02
By Mark Frauenfelder I don't remember where I stumbled across this website called GovDeals, but it is an online auction platform for government agencies to sell unwanted inventory. It has over 15,000 sellers and 1 million registered buyers. A quick look around the site reveals you can buy... read more →
Dec
13
By Cheryl V. Jackson A Lego City Passenger Airplane set for seven bucks? Yes, please. An eight-piece Calphalon ceramic cookware set at that same price? Sure. A big screen TV for less than $50? Absolutely. Those types of deals are a thing via a new online auction operating from a massive Plainfield... read more →
Nov
21
By Dylan Vidovich LOGAN — During a somewhat brief meeting of the Logan County Commission Friday afternoon, commissioners adopted a resolution approving their use of GovDeals, an online marketplace that allows them to more easily auction off surplus items. Available on the web at www.govdeals.com, the website exclusively... read more →
Nov
03
By Meghan Hall Solving for reverse logistics may be an ongoing challenge for brands and logistics providers alike, but returns also give retailers a chance to have one additional touchpoint with their consumers. That touchpoint could be critical in creating—or deterring—repeat customers for a brand. At Sourcing Journal’s annual Fall Summit on Nov. 1, Girish Jaguste,... read more →
Oct
24
By Marina Mayer Liquidity Services partnered with Elastic Solutions to understand how retailers globally handled returns management and reverse logistics. Key takeaways: Over seven in 10 respondents said that the supply chain department was responsible for their returns management—more than twice as much as any other department. Other departments... read more →