When a leading US retailer found itself closing facilities and consolidating its many warehouses, it faced one key issue. Its liquidation partners at the time were too few, moved too slowly, and paid too little to support this aggressive consolidation initiative. That’s when this business reached out to B-Stock.
B-Stock’s ever-growing global buyer network enabled thousands of approved business buyers to bid directly on this merchandise via online auctions, helping to eliminate dependence on traditional liquidators and increase competition over their lots.
With the help of our auction strategists, this partner was able to efficiently consolidate 3 warehouses into 1, boost their buyer base from just a few liquidators to over 8,000 online buyers and cut their sales cycle time by more than half.
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