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Sears Overstocks Closeouts Customer Returns By the Pallet or Truckload Sears Salvage Merchandise Liquidation Program |
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Sears does not run their own liquidation program The use a third party service provider to run all aspects of their reverse logistics (returns management). The company is Genco Logistics. Genco operates several regional return centers. The return centers process all excess inventory Sears has overstocks which can be seasonal overstocks or merchandise that is a new product line and does not perform. Sears overstocks and closeouts the liquidation items condition is "NEW" The other type of merchandise processed at the regional liquidation centers are "Customer Returns" Sears customer returns will have problems. The items that are processed and not checked for condition are classified as "Raw Returns. |