AllSurplus Deals Opens: The Ultimate Destination for Consumers Seeking Extreme Bargains on Quality Products

Rhea-AI Summary

Liquidity Services expands its consumer marketplace with the launch of AllSurplus Deals in Cincinnati, following the successful opening in Phoenix. This initiative aims to offer consumers extreme bargains on returned and overstock items, promoting sustainability by reducing waste. The marketplace features products up to 90% off retail prices and adds new deals daily. With a 100,000-square-foot warehouse, the Cincinnati location can store over one million items. The launch reflects high consumer demand in the area and supports budget-conscious shoppers while contributing to a more sustainable economy.

Positive

• Expansion of AllSurplus Deals into Cincinnati enhances market presence.
• Offers consumers savings of up to 90% on quality products.
• Focuses on sustainability by reducing product waste.
• Free registration and daily new deals attract a wider audience.

Negative

• None.

The New Cincinnati Marketplace Sources from Retail Returns and Overstock Items to Reduce Waste and Promote Sustainability

CINCINNATI, March 8, 2023 /PRNewswire/ -- After the successful launch of its first AllSurplus Deals location in Phoenix, Liquidity Services today announced the expansion of its consumer marketplace presence with the opening of a second location in Cincinnati. At a time when inflation is causing higher prices, AllSurplus Deals provides a much-needed alternative to traditional shopping channels, offering consumers a chance to save big while also helping the environment.

The marketplace is designed to give consumers access to thousands of extreme bargains on a wide range of returned and overstock items from top retailers and manufacturers - from household essentials to luxury items available via an online auction. With a focus on keeping products in circulation that would have likely otherwise ended up in landfills, it's a win-win for both the wallet and the planet.

"Cincinnati was the ideal place to introduce AllSurplus Deals due to the high consumer demand and abundant product supply in the area," said Jeff Rechtzigel, Liquidity Services' Vice President of Retail. "We're on a mission to give new life to these valuable items by offering them to consumers at a fraction of the original retail price, which can help people stretch their budget further. It's a valuable resource for shoppers looking to save money without sacrificing quality."

In addition to offering extreme bargains, shopping AllSurplus Deals provides consumers access to unique or hard-to-find products that may no longer be available in traditional retail stores. By purchasing these items, shoppers are also helping reduce waste and contribute to a more sustainable economy.

AllSurplus Deals offers top products up to 90% off the retail price, with new deals added daily. Registration is free, and consumers can bid on items at AllSurplusDeals.com. Auction winners pay for their items online, then schedule a shipment or an appointment for curbside pickup at the company's new 100,000-square-foot Cincinnati warehouse built to store over one million items.

To learn more about AllSurplus Deals or to start bidding on items, visit https://www.allsurplus.com/deals. To shop deals for curbside pickup in Cincinnati, go to https://www.allsurplus.com/deals/cincinnati. 

PRESS KIT 

About Liquidity Services
Liquidity Services (NASDAQ: LQDT) employs innovative e-commerce marketplace solutions to manage, value and sell inventory and equipment for business and government clients. The company operates a network of leading e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering over 500 product categories. Our superior service, unmatched scale, and ability to deliver results enable us to forge trusted, long-term relationships with over 10,000 clients worldwide. With nearly $7 billion in completed transactions and 3 million buyers in almost 200 countries and territories, we are the proven leader in delivering smart commerce solutions. Visit us at LiquidityServices.com.

Press Contact:
Melissa Whitworth
Lightspeed PR/M for Liquidity Services, Inc.
646-491-0838
melissa@lightspeedpr.com

 

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SOURCE Liquidity Services

FAQ

What is the LQDT stock's relation to the AllSurplus Deals launch?

Liquidity Services, trading under the ticker LQDT, has expanded its consumer marketplace with AllSurplus Deals in Cincinnati, enhancing its business model and potentially impacting stock performance.

When did AllSurplus Deals launch in Cincinnati?

AllSurplus Deals launched in Cincinnati on March 8, 2023.

How much can consumers save at AllSurplus Deals?

Consumers can save up to 90% on retail prices at AllSurplus Deals.

What types of products are available at AllSurplus Deals?

AllSurplus Deals offers a range of returned and overstock items, including household essentials and luxury goods.

Where can I find AllSurplus Deals online?

You can find AllSurplus Deals at AllSurplusDeals.com.