Inside Liquidity Companies’ 130,000-square-foot warehouse in Garland, Texas, the aisles aren’t lined with typical merchandise. As a substitute, they’re stacked with returns from Amazon, Goal, Sony, Residence Depot, Wayfair and extra, all within the strategy of being liquidated.
“Liquidators are coming in they usually’re shopping for up all of this product in bulk. They’re then packaging it, palletizing it and reselling it, both to be resold on a web site like eBay or Poshmark, and even to particular person customers. So it’s was a a lot greater portion of the business than we’ve ever seen earlier than,” stated Sonia Lapinsky of consulting group AlixPartners.
The liquidation market has greater than doubled since 2008, reaching a whopping $644 billion in 2020, in response to information from Colorado State College.
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