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 about how the resale market benefits the buyers, sellers and even the environment as the ultimate form of recycling.

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