As consumers get ready to celebrate July Fourth, many merchants already have dismissed summer as a washout. Bill Angrick, CEO of Liquidity Services, which auctions surplus goods to dollar stores and small resellers, said that in the past stores had usually held out hope for procrastinators and didn't unload summer... read more →
Jun
30
Jun
17
Jun
08
"The carbon footprint of a traditional live auction event versus a virtual online solution is not even comparable. And what we've found is that our clients view us as a green channel because they can recover value by disposing of items as usable items and not as waste." Read the... read more →
May
27
Guys, if you want to know where the economy is headed next, look in your underwear drawer. If you're like most men, you've got more than a few skivvies in, well, less than perfect condition. It's one of several unusual indicators economists turn to in hard times. We went looking... read more →
May
20
May
20
These are tough times for state and local governments. Many are facing big budget gaps, none more than California, which leads the way with $21 billion in red ink. All over America, officials are looking for ways to save. And they've come up with some bright ideas. A pile of... read more →
May
12
Although you won't find the Ark of the Covenant among the treasures, the vast selection of goods at the Government Liquidation warehouse seems like something out of an Indiana Jones movie. Roughly the size of six football fields, the 340,000-square-foot warehouse in Obetz is stocked with tens of thousands of... read more →
May
08
If eBay joined the Army, it would become Government Liquidation, a massive online auction of thousands of government leftovers. Up for bid? Practically anything imaginable, from a boat engine to camouflage backpacks to snowboarding equipment to microscopes Read the Article
Apr
20
Bundles of flat-panel televisions, DVD players and other electronics wrapped in clear, heavy-duty plastic sit on pallets inside a warehouse, awaiting potential buyers via Internet auction. Read the Article
Apr
09
In an 85,000-square-foot warehouse in Bentonville, Cayce Roy walked through aisle after aisle of all sorts of merchandise. "What we do," Roy explained, "is offer every product category from a variety of sources to our buyers. We have 1.1 million registered buyers who participate in our auctions. Some people are... read more →