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
14
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 →
Apr
25
Feb
19
By Katie Schoolov 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... read more →
Feb
17
In today's tough supply chain environment, companies are spinning big-picture solutions that will keep them on the charts now and for the long play. The pandemic has made people question some of the basic assumptions of their lives: Whom do I need around me? Where do I want... read more →
Feb
08
By: Katie Raml , Lauren Wilson PHOENIX — Everybody is looking for a deal these days, and finding one at your fingertips might be easier with a new local warehouse. This is especially true as Valentine’s Day approaches. Katie Raml and the ABC15 Smart Shopper team checked out... read more →
Feb
07
Liquidity Services Inc., an operator of online marketplaces for excess goods, reported a “new all-time record” for gross merchandise volume for its fiscal first quarter ended Dec. 31. Robust sales on B2B marketplaces are extending into the liquidation industry, where Liquidity Services Inc. is reporting record gross sales... read more →