Excess Inventory – Clearance Centers
Operating under a fee for service structure, this retailer retained Hilco to help monetize $132MM of non-conforming inventory and end of season shelf pulls. Hilco was able to successfully negotiate a deal in which all inventory was purchased by a single buyer at a price in excess of the retailer’s expectations, and over 150 trailer loads were transported within a week of funding.
Problem to Solve
- This healthy, nationally recognized, sporting goods retailer found itself with a large amount of inventory that did not conform to their current merchandise strategy.
- Unable to sell the inventory through their stores, this company needed an alternative solution to monetize the non-conforming inventory.
- 1 buyer
- 150 trailer loads of merchandise shipped within a week