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
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, firstname.lastname@example.org 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.