Six years ago, after a decade in the wholesale supply business, A&W Surplus in Fresno, CA added weekly online auctions. Soon that portion of the business grew so much that A&W went online only. "We auction two full truckloads every week," says Wayne Peckham, owner. The closeouts, liquidations and returns encompass virtually every product category, Peckham reports. That includes electronics, apparel, housewares, furniture, toys, general merchandise, jewelry, hair accessories, food, health and beauty aids and even medical supplies.
"When a truckload arrives at our warehouse, we separate items for auction," he says. The auctions are held in the warehouse and online every Wednesday, beginning at 1 p.m. Pacific Time, and Peckham says they often last until 11 p.m. or midnight. Merchandise is sold by the item, case or pallet, and cases or pallets may be of a particular category or mixed. "We provide as much information as we have on the items," Peckham says, "and we let bidders know if they're bidding on new goods, returns or salvage."
There's no reserve or minimum. "Bids start at a penny a piece," Peckham says. Bidding is live and real time, "and lots go to the highest bidder; once, twice, sold!," he explains. As for wholesale pricing, Peckham says, "it's way, way below regular wholesale, virtually pennies on the dollar." More than 250 bidders participate in the auctions every week.
"The business has grown a lot, especially in the past two years," Peckham reports. Not only are more and more retailers looking for great prices and good value to offer their customers, but also more, and a wider range of merchandise, has become available.
For more information, contact:
3330 North Duke Avenue
Fresno, CA 93727
Entire contents ©2016, Sumner Communications, Inc. (203)
748-2050. All rights reserved. No part of this service may be
any form without the express written permission of Sumner Communications,
Inc. except that an individual may download and/or forward articles
to a reasonable number of recipients for personal,