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Liquidity Services was co-founded by William P. Angrick III, Jaime Mateus-Tique, and Ben Brown in 1999. It was branded as Liquidation.com and was a B2B auction marketplace that connects sellers to buyers. [6] The platform allowed retailers to resell retail returns and overstock [7] and enabled buyers to access bulk lots of surplus merchandise. [8]
Some of its most notable disposition and liquidation deals included work for Sears, Sears Canada, CompUSA, Sportmart, PharMor Rx, Coldwater Creek, Charming Charlie, and Target Canada. [8] [9] [10] In 2016, the division helped save Aéropostale from final liquidation, eventually allowing the retailer to restructure and reopen over 500 stores. [11]
H. H. Gregg, Inc. (stylized as hhgregg or HHGregg on its website), is an American online retailer and former retail chain of consumer electronics and home appliances in the Midwest, Northeast, and Southeast United States, that operated stores in 20 states including Alabama, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Mississippi, Missouri, New Jersey, North ...
The RoomPlace Furniture and Mattress is closing 6 Indianapolis locations. A liquidation sale begins today, April 4, at all 6 furniture stores
The process is generally fueled by the supply side, as computer liquidators rely on what is available on the market for them to liquidate and resell. Thus, there nearly always exists a shortage for buyers. Oceantech, for example, buys up computers, laptops, tablets and other such electronics from companies who no longer need the technology.
Olson Electronics (currently a redirect that needs expansion) – a nationwide electronics store chain founded in 1927 by brothers Sidney, Philip and Irving Olsen in Akron, Ohio; at one time had more retail locations than Radio Shack; sold to Teledyne in 1968 and rebranded Teledyne Olson Electronics; later sold to 3 Chicago investors in August ...