Retailing has always been a gamble, with inventory management perhaps the consummate game of chance. In times of economic peril, the stakes are even higher. To quote a country-music legend: "You've got to know when to hold 'em, know when to fold 'em, know when to walk away, know when... read more →
Jan
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Dec
31
KB joined Mervyns and Linens 'n Things in shutting down in what was a grim 2008 for retailers. And retailers' pain is only expected to continue, said Bill Angrick, chief executive officer of Washington, D.C.-based Liquidity Services, Inc., which markets and sells retail assets. Angrick expects as many as 2,600... read more →
Dec
29
Dec
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Nov
29
Worried about getting stuck with too much merchandise, many retailers are already selling shipments of computers and other high-priced items to liquidators, even before sending them to stores. Bill Angrick, the chief executive of Liquidity Services Inc., a firm that takes excess inventory from dozens of Fortune 500 retailers and... read more →
Nov
28
Small-business owners and managers also are scrounging for deals. On Thanksgiving Day, Liquidation.com handled 200 auctions, up from just 20 a year ago. The activity is a sign of the times, Angrick says. "People are online (looking for) where they can find a deal, save money and create a business... read more →
Nov
28
The holiday shopping season begins Friday with a blitz of early morning specials. For some merchants, though, it's practically over already. At warehouses operated by Liquidity Services Inc., a leading online auction company for surplus goods, there are rows and rows of pallets of offloaded merchandise ranging from jewelry to... read more →
Nov
27
While US shoppers search the stores for post-Thanksgiving bargains, small businesses that buy and sell excess stock are being offered even more extreme deals this winter, as leading retailers struggle to shrink their inventories. Liquidation.com, a web-site that stages auctions of excess products, or those that have been returned, says... read more →
Nov
21
Alaska Gov. Sarah Palin isn't the only government official hawking goods online. With the economy continuing to tumble, more state and local governments are using the Web to clear out inventory and bolster deflated budgets. Joseph Hamrick, a 59-year-old construction worker from Goose Creek, S.C., got hooked on one such... read more →
Oct
18
If you're an auction junkie and the Marion County tax sale wasn't enough for you this week, go to this www.govliquidation.com to get access to auctions going on across the country. Auctions can be great opportunities to save money on things that you want and need. The site boasts 500... read more →