Privately owned discount stores will become much more popular and indispensable as the economy continues to struggle. From established salvage grocers to fledgling enterprises, learn how grocery liquidators like Lewisco Holdings can help your Texas-based business pass savings on to consumers.
Buying and selling liquidated goods takes a bit of prior knowledge. Liquidated goods aren’t meant for the primary market and require special treatment. Grocery items have packaging dates that are rarely hard-and-fast even though the goods can’t be sold in the primary market when the dates arrive. Part of the sales process of these goods will be to know how to identify items that are perfectly fine for resale to garner more customers and keep them returning for more pantry-stocking bargains!
Condition of Liquidated Goods
Operating a secondary market business like a salvage store will mean that you’re re-selling goods that have been transferred out of the primary lines of distribution. The reason for the loss of the primary market position will depend on the situation of the product. Some conditions to expect include the following:
- Closeout goods
- Discontinued merchandise
- Overstocks
- Older versions of items with packaging or recipe updates
- Seasonal goods
- Cancelled orders
- Customer turn downs
- Expired or almost expired goods
The Advantage of Liquidation Buying
Private grocers who purchase liquidated goods have the opportunity to maximize their profits while passing on incredible savings to their customers. While you’re limited as to display and advertising of liquidated goods, the draw of name-brand, quality items will be undeniable as customers experience the quality first-hand and word of mouth follows.
Buying from Lewisco Holdings
Lewisco Holdings stands as the premier privately operated liquidator within the US. We have many years of operations under our belts which have provided plenty of opportunities to learn what works. We look forward to hearing from you if you have goods that need to leave primary lines of distribution or if you’d like to purchase goods to sell within secondary market lines.
We can liquidate a range of types of products, including but not limited to the following:
- Shelf-stable dry food goods like pasta, rice, cereal, etc.
- Canned fruit, vegetables, and meat
- Frozen food
- Refrigerated food
- Alcohol-free beverages including bottled water, energy drinks, sports drinks, sodas, ready-to-drink teas and coffees, fruit-flavored drinks, and 100% fruit juices
- Wet and dry pet food and treats
- HBA items like makeup, soap, and other toiletries
- Paper goods like party supplies, napkins, and paper plates
- Cleaning products like sprays, scrubs, wipes, and sponges
The Secondary Market
Secondary market participants like salvage discount stores are in good company. We sell to more than 400 of these types of facilities in addition to community food banks, prisons and jails, schools, and small privately-owned retailers. While there may be a number of buyers of our liquidated goods, none of our buyers is part of the primary market, i.e. a restaurant, grocery chain market, or convenience store. Every one of our buyers must be screened, and we target merchandise to ensure that it stays within manufacturer restrictions regarding display, advertising, and geography.
Grocery liquidators, like Lewisco Holdings, provide Texas salvage grocery stores with a reliable source for goods. As families continue to struggle to make ends meet, secondary market grocers will become more popular and more necessary. Primary market members who need liquidation services or salvage grocers looking to buy should give us a call at (917) 210-9395 to explore how Lewisco Holdings can provide efficient liquidation service.
