Updated 10 months ago
When department stores, national drugstore chains and major wholesalers have overstock or closeout inventory, Merchandize Liquidators scoops it up and resells it to retailers around the world.
Nearly 80% of the clothing, cosmetics, electronics and other merchandise the company sells is shipped to sellers overseas, and that diversity is key to survival, Martin says. “If I was depending on the U.S. market, my growth wouldn’t be near where it is right now,” he says. Demand is constantly shifting. “After the Arab spring, we starting seeing a lot of demand coming from Arab countries, especially Libya,” he says.