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Odd that it doesn't say anything about companies that sell bulk liquidation and returns direct to consumers/resellers (in some cases you need a wholesaler cert,
by bdcravens 5y ago
Odd that it doesn't say anything about companies that sell bulk liquidation and returns direct to consumers/resellers (in some cases you need a wholesaler cert, which is really just paperwork)
- wffurr 5y agoIs that different from the deep discount stores like Big Lots mentioned in the article?
- dawnerd 5y agoYes. Some only sell to resellers. Some list on eBay directly. Some are semi scammy like Bulq.
- Freak_NL 5y agoThere are companies that buy up returns and resell them, but I don't get the impression that these make up any significant part of that chain. Unsold lots from liquidations or just unsold remainders from large retailers: sure, those can be sold without too much hassle. But the heart of the matter seems to be that returned items will apparently quite quickly cost more than their worth to handle for eventual resale, and just shredding them (and not spend any time at all beyond unpacking, registering, and then dumping it in a bin) is cheaper. The only exceptions seem to be high-end items where a limited investment can make them suitable for resale as a discounted refurbished item, and even then there are reports of brand new televisions and tablets just ending up in a landfill¹. 1: https://www.theguardian.com/business/2021/jul/23/charities-call-for-amazon-anti-waste-law-after-firm-denies-destroying-in-date-food https://www.theguardian.com/business/2021/jul/23/charities-c...