Oct
13
Sep
25
By Marcos Chisholm Like any executive on a tight schedule, Jorge A. Celaya cuts to the chase. “As much as I like to go as fast as possible . . . I’ve learned over the years to be more patient.” The Cuban American—executive vice president and chief financial... read more →
Jul
30
By Michael Corkery PITTSTON,Pa. — Once upon a time, when parents were scrambling to occupy their children during pandemic lockdowns, bicycles were hard to find. But today, in a giant warehouse in northeastern Pennsylvania, there are shiny new Huffys and Schwinns available at big discounts. The same goes... read more →
Jul
28
By Jen Wahl PHOENIX — The back-to-school season can be expensive for teachers. The Economic Policy Institute estimates educators nationwide can spend, on average, around $460 per year on supplies. But Valley teachers say it’s much more than that on a local level. One option for educators to save money... read more →
Jul
20
By Allison Rodriguez They say one man's trash is another man's treasure. One Phoenix warehouse is filled with gems, and some of those gems can go to educators at a steep discount. All Surplus Deals in west Phoenix has overflow or new, returned products at a fraction of... read more →
Jul
14
By Meg Erpenbeck Good morning, Cincinnati! Here are the five stories you need to know to kick off your business day: New to town Liquidity Services, which sells business-to-business via an online auction model, has opened a 100,000-square-foot retail distribution center in Hebron at 1180 Elijah Creek Road,... read more →
Jul
13
By Liz Engel A Maryland-based publicly traded company that resells returned, used and excess inventory from some of the country’s biggest retailers is expanding its footprint with a new warehouse near the Cincinnati/Northern Kentucky International Airport. Liquidity Services (Nasdaq: LQDT), which sells business-to- business via an online auction... read more →
Jul
04
By Suzanne Kapner The excess inventory piling up at large retailers such as Target Corp. TGT -0.45% ▼ and Walmart Inc. WMT -0.22% ▼ is proving a boon for liquidators and other companies that help dispose of the oversupply. Liquidity Services Inc., LQDT 4.39% ▲ Xcess Limited, B-Stock... read more →
Jun
24
By Maria Monteros While some companies are suffering losses from excess inventory, others are making bank from it. Liquidity Services fall in the latter category. Liquidators, like Liquidity Services, often buy excess and returned merchandise from retail giants, which they then sell to resellers and regular consumers typically at... read more →
Jun
20
By Maria Monteros As excess inventory piles up in warehouses, retailers are looking into different methods of freeing up space. Target said its product inventories increased 43% from last year and Walmart’s was up 32%. Both retailers have resorted to methods like discounting to offload goods. Dozens of Old Navy stores, on the... read more →