Lewisco Holdings operates as a leader among food and grocery liquidators in Idaho. Liquidation unclogs inventory that won’t move, stopping the flow of cash and product distribution. The process relieves companies from the burden of overhead while freeing up funds for purchases and making room within warehouses and shelves for profitable merchandise.
Liquidation Triggers
Merchandise that’s ripe for liquidation will fall within certain parameters. Lewisco Holdings purchases from numerous manufacturers, retailers, and other members of the primary lines of distribution. Many of our source companies are large, well-established brands that require protection but need solutions when products fail to meet expectations.
Liquidation meriting products may meet any of the following conditions:
- Near or passed “best by” or expiration dates
- Short-coded or close-dated merchandise
- Overstocked product lines
- Private label or store brand goods
- Slightly damaged, off spec, or mis-cut products
- Discontinued product lines
- Cancelled or returned orders
- Closeout goods
- Outdated versions of products with updated recipes or packaging
- Any other stagnant product line or merchandise
A satisfactory liquidation arrangement ends with goods deeply embedded within secondary markets. The goods we buy and redistribute are of good quality and deserve a new life, and our intentions are to provide that.
Liquidation Products
Categories of merchandise Lewisco Holdings regularly liquidates include food of all types (frozen, refrigerated, canned, and shelf-stable dry goods), pet items (wet, kibble, biscuit, canned, jerky, organic, etc.), alcohol-free beverages (sports drinks, energy drinks, sodas, bottled water, prepared tea and coffee, kids’ drinks, etc.), bulk candy, spices, staple ingredients, HBA products (soap, shampoo, etc.), paper products (toilet paper, party supplies, etc.), cleaning goods (chemicals, scrub pads, etc.), and much more.
Liquidation Measures
Lewisco Holdings’ liquidation processes work well for several reasons. We can provide same and next day pickup throughout the Lower 48. Our dedicated carrier fleet and 13 nationally distributed warehouses make short work of transportation, and the joint efforts of our liquidation team produce targeted sales to members of our buyer group.
Liquidation Buyers
Lewisco Holdings is not a broker or trader; we’re liquidators. By purchasing goods outright, our product sources are clear of the burden created by the products, but their brands still require protection. We go to great lengths to protect the brand identity of our sources, starting with thorough buyer vetting.
Every buyer who takes advantage of our significantly discounted inventory understands that manufacturer restrictions apply. The goods can’t be advertised; the brand can’t be overtly displayed; the products must be sold within geographic boundaries; and the goods can’t be reintroduced back into primary sales channels. To further these aims, Mabel’s Farms, our own private label packaging service is available.
The secondary market members who purchase our goods are not primary marketers. For instance, we don’t sell to restaurants, supermarkets, first-line distributors, or convenience stores. We do sell to private, small retailers; dollar stores; community food pantries; farmers’ markets; correctional institutions; educational facilities; salvage grocery markets; exporters; and specialty outlets.
Liquidation Process
To begin the liquidation process, sources call or go online to supply the following information about the products in question:
- Brand/label
- List of ingredients
- Nutrition facts
- Photographs
- All dates on the packaging
- Package size
- Quantity of goods
- Location
- Desired price
For a single food and grocery liquidation service or a recurring pickup of goods for liquidation in Oklahoma, give us a call at (917) 210-9395. Lewisco Holdings can resolve issues with inventory while providing opportunities for low-cost buying.
