Executive Briefings

Making the Most of Retail Product Liquidation

Retailers are moving away from liquidating outdated inventory for a set price, usually pennies on the dollar, says Jeremy Witte, COO of GENCO Marketplace. Instead they are looking to partners like GENCO Marketplace to maximize liquidation returns through market analytics and a network of secondary merchants. [Run Time (Min.): 7:22]

Retailers are moving away from liquidating outdated inventory for a set price, usually pennies on the dollar, says Jeremy Witte, COO of GENCO Marketplace. Instead they are looking to partners like GENCO Marketplace to maximize liquidation returns through market analytics and a network of secondary merchants. [Run Time (Min.): 7:22]