Angrick On Excess Inventory

One retailer’s unsold or returned items – and even its store fixtures – can become another company’s treasure, as entrepreneurs are rapidly discovering online. In the past year, Washington, DC-based Liquidity Services Inc., an online auction site for excess merchandise, has seen unprecedented growth, and has even launched a new category – selling the fixtures of shuttering stores. Bill Angrick, CEO, spoke with GlobeSt.com about how the resale market benefits the buyers, sellers and even the environment as the ultimate form of recycling.

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