Market Overview

Liquidation.com Preps for Busy "Restock Tuesday"

WASHINGTON--(BUSINESS WIRE)--

Liquidation.com, the largest and leading online auction marketplace for surplus inventory from top retailers, warehouse clubs and manufacturers, is gearing up for Restock Tuesday: the day on which retailers and e-tailers descend on the site to restock their shelves and websites following two of the busiest shopping days of the year. As always, the Liquidation.com team is prepared to handle more than 500 product categories of merchandise available by the truckload, pallet, or in single-unit quantities, and will be hiring additional team members in its warehouse centers across the United States.

Restock Tuesday, which falls on the Tuesday after Thanksgiving and follows Black Friday and Cyber Monday, is one of Liquidation.com's heaviest traffic days. The company is anticipating an even bigger surge this year, with 20% more volume than last year in categories like consumer electronics, apparel, jewelry, toys, computer software, housewares, and tools and hardware, among others.

“Consumers are expected to get an even earlier start on their shopping this holiday season as more and more retailers open their doors and start the sales to nab those first shoppers. This, along with the projected increase in Black Friday shopping and overall holiday sales suggests that retailers and online sellers will need to restock inventory immediately to gain the most value from the December rush,” said Cayce Roy, president of Liquidity Services Inc.'s asset recovery division. “As the leading business to business channel for surplus inventory, Liquidation.com can satisfy any merchant's needs quickly and effectively to ensure they have all the hot items needed for a successful holiday season.”

Liquidation.com supports retailers of all sizes as it works with the largest and broadest range of retailers in the U.S. selling one company's surplus, overstock and consumer-returned inventory to other retailers in need of similar products. Auction sizes include truckload, pallet, small package and single-unit, while product conditions range from new to consumer returned and salvage. More than 1.6 million registered buyers source inventory and merchandise from Liquidation.com, with access to inventory in warehouses located in Garland, TX; Plainfield, IN; Cranbury, NJ; and Las Vegas, NV.

About Liquidation.com

Liquidation.com is a Liquidity Services Inc. marketplace where professional buyers and end users can source commercial surplus inventory and government surplus assets in an online auction environment. Bulk lots are sold by the truckload, pallet or small package, as well as in single unit lots, and conditions range from new in box to customer returns and used. Its wide variety of product categories includes apparel, computers, electronics, housewares, industrial equipment, vehicles and much more. For more information visit: http://www.liquidation.com.

About Liquidity Services Inc.

Liquidity Services, Inc. (NASDAQ: LQDT) provides leading corporations, public sector agencies and buying customers the world's most transparent, innovative and effective online marketplaces and integrated services for surplus assets. On behalf of its clients, Liquidity Services has completed the sale of more than $2.2 billion of surplus, returned and end-of-life assets, in more than 500 product categories including consumer goods, capital assets and industrial equipment. The company is based in Washington, D.C. and has more than 700 employees. Additional information can be found at: http://www.liquidityservicesinc.com.

Liquidation.com
Melissa Gieringer, 310-686-7773

 

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