PHOENIX, November 9, 2021 / PRNewswire / – Liquidity Services, (Nasdaq: LQDT), operator of the world’s largest e-commerce marketplace platform for corporate and government surpluses, today announced the launch of AllSurplus Deals, a new online consumer marketplace that is promoting itself The circular economy by offering “new life” for returned and obsolete items at huge discounts direct from top retailers and manufacturers. AllSurplus Deals is a smart way for consumers on a budget to shop, home improvement and general retail items.
“Phoenix was the perfect place to start our new AllSurplus Deals program as we have strong supply and consumer demand in this area, “said Jeff Rechtzigel, Vice President Retail at Liquidity Services. “This exciting new business model gives consumers direct access to greatly discounted returned items as soon as shoppers enter the Christmas shopping season, while ensuring none of those items are wasted.”
How it works
As part of the new program, registration is free and consumers are bidding on items on AllSurplusDeals.com. Before the auction, each item is viewed, checked for defects and photographed to determine the condition of the item. Returned items can usually not be sold as new. While some items may not be in like new condition, all are remarkably affordable. Auction winners pay for their items online and then make an appointment for roadside pick-up Monday through Friday at the company’s new 85,000 square meters Phoenix Warehouse built to hold up to 50,000 items. The new facility will employ 75 to 100 people in a variety of roles and incorporate world-class retail technology to support a high quality customer experience.
What happens to returned items?
Last year accounted for e-commerce $ 565 billion or 14 percent of total US retail sales. About that $ 102 billion the goods purchased online have been returned. According to the National Retail Federation, online returns more than doubled in 2020 compared to 2019.
During the COVID-19 pandemic, consumers were shopping online more than ever and returned items became even more common. “The truth is that returned items usually cannot be sold as new. Therefore, most major retailers work with a company like Liquidity Services to resell these items in the aftermarket. The collection of these returned items through our AllSurplus Deals program is on Roadside will help shoppers and stimulate the circular economy by reducing shipping costs, landfill waste and CO2 emissions, “added Rechtzigel.
Liquidity Services plays a vital role in many of its customers’ zero waste initiatives and has worked with corporations, federal and local governments to drive some of the biggest green initiatives and dump countless surplus assets. The company supports sustainability efforts by helping its customers extend the life of facilities, avoid unnecessary waste and CO2 emissions, and keep products out of landfills.
Consumers in the Phoenix Region today can visit AllSurplusDeals.com for local deals in. to search Arizona.
About liquidity services
Liquidity Services (NASDAQ: LQDT) operates the world’s largest B2B e-commerce marketplace platform for excess assets with over $ 8.5 billion of completed transactions to nearly four million qualified buyers worldwide and 15,000 sellers from industry, retail and government. AllSurplus.com is Liquidity Services’ comprehensive online marketplace for excess business, ranging from heavy machinery to transportation equipment to industrial machinery. The new consumer marketplace AllSurplus Deals offers consumers surplus items with quick and friendly pick-up at the roadside of the new company Phoenix Warehouse. Please visit LiquidityServices.com for more information.
Press contact:
Karen Blondell
Lightspeed PR / M for Liquidity Services, Inc.
424-263-7371
[email protected]
SOURCE Liquidity Services
similar links
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