by Christina Lee on April 9th, 2009
The latest wholesale trade report surprised experts, as it indicated that wholesalers are more in sync now with the rest of the economy.
Wholesalers had cut inventories by 1.5 percent from the previous month’s levels in February, more than double of what Wall Street experts predicted. Since lower holiday sales led to more leftover goods than expected, cutting such excess inventory over the past few months became a necessary step toward economic recovery.
“It’s easy to see this reduction as an assurance that the contraction is continuing,” said Frank Ahrens, Washington Post analyst, in his column. “However, the sooner wholesalers... Read more »
by Veronica Stone on January 2nd, 2008
Liquidity Services Inc. is goWholesale’s parent company and last Saturday the Washington Post printed an article on the front page of the business section that features LSI as the top solution for major retailers to unload excess inventory and consumer returns following the holiday season.
Click here to read "New Life for Unwanted Gifts"
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by Leeia Ladipoh on November 16th, 2007
There are many ways that you can evaluate how well your business is doing. The most obvious, and most often used, is the big number: the dollar figure which indicates whether your business operated at a profit or a loss in a given time period.
But knowing this number alone will not help you to improve the bottom line of your business; in order to do that, you need to break your business down into smaller areas to look at specific steps you need to take to get that profit margin up.
One of the areas that can make a... Read more »