GENCO Marketplace Wins Exclusive Contract to Liquidate Returns for The Home Depot

PRESS RELEASE

Release Date: For Immediate Release

Contact: Don Rendulic, GENCO ATC, 412-820-3922

GENCO Marketplace Wins Exclusive Contract

to Liquidate Returns for The Home Depot

Home Improvement Inventory Available

In Truckload and Pallet Quantities

Genco Exclusive Partners with Home Depot

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.

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