by Robert Cyr on September 9th, 2009
Similar in concept to the day old bread stores, salvage dented can stores are opening up nationwide offering incredible deals on the same name brand food items that we are all used to buying [at full price] from the dreaded big box grocery stores. Lower food costs found at salvage grocery stores offer budget minded shoppers the chance to save money in our tight economy, while salvage grocery resellers are experiencing tremendous growth in their business.
What is a Salvage Grocery Store?
A salvage food store is simply a smaller grocery store where the bulk of the inventory is sourced... Read more »
by Chad Maslak on August 26th, 2009
Imagine how exciting it would be to receive your shipment of liquidated or surplus merchandise and finding it filled with top of the line, name brand products in high demand. As you look through the contents of the pallets you begin to imagine your new Ferrari or dream vacation from the boat loads of money you’ll be making on these goods… you see nothing but dollar signs.
Cha-ching! You’ve hit the jackpot… right!? Or have you?
I remember the fun part of receiving truck loads of pallets of very valuable merchandise. Most of it was surplus and liquidated goods. I... Read more »
by Robert Cyr on August 24th, 2009
Have you considered purchasing insurance salvage merchandise? This is inventory that has been involved in some type of insurance claim where a policy holder has been indemnified for a loss. Probably the most recognizable type of insurance salvage would be that of an automobile loss, where a car is involved in an auto accident and the repair cost ends up being more than the vehicles worth. In this situation insurance companies will deem the vehicle a “total loss” and offer the insured a monetary settlement based upon the value of the car just prior to the accident. The insurance company... Read more »
by Carrie Hinkel on February 6th, 2008
Buying good, resalable surplus and salvage products can be near impossible if you are new to the business and unfamiliar with its many downsides. Surplus products are goods that are sold in bulk by manufacturers (though it is rare), distributors or dealers. They may be overstocks, customer returns, shelf pulls or damaged items. Salvage products are basically junk and are really only good for the trash bin or parts.
The most important thing to know is that while there are reputable surplus and salvage businesses, the industry is filled with even more unscrupulous ones who are just waiting to take... Read more »