GENCO Marketplace Liquidates Over $2.5 Billion of Stock in 2014
Customer returns wholesaler GENCO Marketplace has sold more than $2.5 billion of liquidated stock in 2014.
"This is a huge milestone for GENCO Marketplace," said Laurie Barkman, CEO of GENCO Marketplace. "Secondary merchandise has been increasingly embraced by consumers in recent years. We are seeing more and more sold during the holidays as gifts. "
GENCO Marketplace partners with the largest retailers in the US to sell their returned products. Buyers include off-price retailers, online sellers, and flea market sellers.
Source: GENCO Marketplace