Wholesale : Your Source for Wholesalers, Distributors, Importers and Manufacturers

Article Search

Return results from:

 

 

 

Wholesale News & Articles

INDEPENDENT RETAILER magazine is now the official news outlet for Wholesale Central visitors. Each monthly issue is packed with new product ideas, supplier profiles, retailing news, and business strategies to help you succeed.

See new articles daily online at IndependentRetailer.com.


Printer-Friendly

GENCO Marketplace Wins Exclusive Contract to Liquidate Returns for Home Depot

Mar 1, 2012

Home Improvement Inventory Available In Truckload and Pallet Quantities

PITTSBURGH, Pa., February 27, 2012 - GENCO ATC, North America's second largest logistics provider, today announced that its liquidation subsidiary, GENCO Marketplace, has won an exclusive contract to liquidate store returns from The Home Depot stores. Products are available in truckload and pallet quantities to other liquidators and secondary market resellers.

The liquidation program is part of The Home Depot's aggressive corporate sustainability program. The retailer hopes to maximize recovery value on this inventory and maximize reuse of products that might otherwise have gone into the waste stream.

The Home Depot liquidation lots include just about every category of product available at stores, sorted into multiple product groups.

  • Home Products - small appliances and other items for the home
  • Plumbing and Electrical - bathroom items and electrical supplies
  • Hardware - power tools, hand tools, and seasonal power equipment
  • Lighting - indoor and outdoor lighting
  • Appliances - big box products

Most lots will include a mix of different manufacturers' products. However, some lots will be "return-to-vendor" inventory made up of high-quality product from a single manufacturer. All lots include a manifest that registered buyers can view online prior to purchase.

"Home improvement products are very difficult to find in the secondary market," said Tom McElroy, vice president of marketing and eCommerce at GENCO Marketplace. "These products are perfect for builders and contractors, as well as businesses who resell to 'do-it-yourselfers' looking for discounted home improvement products."

Buyers who would like more information on GENCO Marketplace's home improvement lots can contact Alan Mongelluzzo at (412) 820-3963, alan.mongelluzzo@gencoatc.com or Nick DiPaola at 412-820-3992, Nick.Dipaola@gencoatc.com.

About GENCO Marketplace
GENCO Marketplace is America's largest wholesale liquidator of retail returns and surplus inventories. The company's resale channels include direct sales by the truckload to high-volume buyers, internet auctions of pallet quantities on the company's B2B website, www.GENCOMarketplace.com and sales of individual items on www.NoBetterDeal.com, the company's bargain shopping site for consumers.

About GENCO ATC
GENCO ATC is North America's 2nd largest and a Global Top 25 third-party logistics provider, the leading logistics provider to the consumer electronics industry and recognized leader in reverse logistics. GENCO ATC manages 130 operations and 38 million square feet of warehouse space throughout North America. GENCO ATC's diverse range of customers include many Fortune 500 companies in the high tech, consumer goods, retail, healthcare and automotive markets and the federal government. GENCO ATC's complete range of solutions, include inbound logistics; warehousing & distribution; fulfillment; packaging and kitting; transportation management; systems integration; returns processing & disposition; test, repair, refurbishment; product liquidation and recycling. For more information, visit www.genco.com.

Topic: Wholesale News

Related Articles: Genco  Home Depot 

Article ID: 1555

Printer Friendly


Entire contents ©2016, Sumner Communications, Inc. (203) 748-2050. All rights reserved. No part of this service may be reproduced in any form without the express written permission of Sumner Communications, Inc. except that an individual may download and/or forward articles via e-mail to a reasonable number of recipients for personal, non-commercial purposes.


Wholesale Central is a B2B directory that helps wholesale buyers find wholesale suppliers and products. When you find a supplier, please follow the link to their web site where you can do business with them directly.

Sumner Communications, Inc. | 24 Stony Hill Rd. | Bethel, CT 06801