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News
There’s a cost to carrying inventory that extends beyond an item’s sticker price. If your business purchases too much product, or you miscalculate demand fluctuations, it just sits on shelves taking up space in a warehouse. The cost of rental warehouse space as well as unsold excess inventory can have a big impact on your business’s profitability. Those are among the many scenarios that we encounter at Ideal Trading where we can make a difference in your bottom line when we buy your excess inventory to help your profitability. Despite their best efforts many businesses have difficulty with excess inventory….
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Bankruptcies are not always the end of a business, but rather a transformation. The recent case of NJ-based women’s retail clothing chain Joyce Leslie, which recently filed Chapter 11, provides some insights for smaller businesses. In this case, the strength of the brand enabled them to consider life after bankruptcy by liquidating furniture and fixtures among other assets. For smaller businesses going bankrupt, inventory liquidators that specialize in buying assets for cash can make it possible to obtain additional operating capital to restructure as a new business. Of course, each bankruptcy is different as is the filing case heading. While…
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Businesses that have more than one location can find themselves in a position where they need to downsize in order to make the business more financially lean. Closing a store location, production facility, branch office or several can ultimately require the services of experts in business liquidation as well as inventory liquidation. Not every employee will make it through such a transition. Those that do will need to be quickly oriented into new locations. This means that there is no one that can be relied on or spared to internally handle the liquidation process. A practical approach for every business…
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What is liquidation inventory? When a business is closing down or has excess inventory, it may slash prices to entice buyers. If a business has exhausted this option and wants to clear out stock more quickly, liquidation is an excellent option…
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Businesses looking to liquidate have a number of options for selling their assets. When you want to convert your business assets to cash, it’s a good idea to work with a liquidation expert to help find the method that will secure the highest possible return. Let’s take a look at the various liquidation sale methods…
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The end of the holiday season brings on an inevitable part of the sales cycle for retailers – the need to manage returned and unsold inventory. Total returns for 2015 are an estimated $260.5 billion, according to the National Retail Federation– as much as 15% of all holiday sales. How do retailers manage all these returned clothes, shoes and electronics, as well as leftover seasonal merchandise?
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Companies looking to get the best return on their assets have several options– the most common are liquidation sales and business auctions. Both types of sales have their benefits and drawbacks, but the overall goal is to get your company the best value for your assets.
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With 90’s style back in full swing, let’s take a look back on some major retailers that are no longer with us. Wal-Mart, Target and Amazon, combined with the rise of e-commerce, contributed to the demise of dozens of brick-and-mortar stores…
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It’s time to furnish your office… but where to start? Buying new may seem like the way to go, but pre-owned office furniture can be a great budget-friendly (and eco-friendly) option.
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For the uninitiated, estate sales can seem mysterious or intimidating. The estate sale process can vary depending on the liquidation company running it. How can you navigate the crowds and find the best deals? Here are some tips and tricks.
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