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Case Study - 19 May 2022

Retail Obsolete Stock

Case Study

Retail Obsolete Stock

International Retail Chain

Overview


Hilco was approached by a International Retail
Chain, with excess stock challenge caused by COVID
lockdowns, border closures and travel restrictions.
Holding onto a large volume of obsolete, seasonal
and slow moving lines, and a need to make space for
new ranges imminently, they sought a solution that
would deliver cashflow and space simultaneously.

Highlights


Our client received a seven-figure
sum for the parcel, paid upfront
before the goods left their warehouse; this ensured ease of transaction and peace of mind for the retailer

National Media Coverage along with a digital advertising campaign. The sale was viewed 1.7 million times, it was so popular it made it in the news


Solution

Hilco offered a solution to purchase all the assets as single parcel, deploying our own capital to complete the transaction. Hilco Global APAC stayed in constant communication with the retailer, arranging the payment of funds, removal of assets from multiple sites nationally to a central Hilco facility for processing.


Results

We purchased and delivered immediate cashflow return to client and assisted their business in clearing slow moving/problem inventory.


Asset Monetisation

the Asset Smarter way

Want to know more? Speak to one of our asset specialists

Your Key Contact

Rochelle Rebello

Rochelle Rebello

Director | Wholesale


Published: Hilco APAC