A major sporting and apparel retailer had an overstock situation.
As the retailer had already committed to closing this retail outlet, Active purchased the entire contents of the store. Active then ‘took over’ the outlet, at our cost, then using existing staff and collaterals liquidated the stock over a period of 6 weeks.
- The retailer received full COGS for the excess inventory
- The transaction was seamless with the business appearing to operate as normal, using the expertise of Active's retail remarketing department
- Client used Trade Credit to part fund media and POS printing costs
- The transaction was so successful that it was repeated