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7 Retail Stores to Consider Purchasing Returns From

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So you’ve decided to get into the business of reselling returned merchandise. It’s an exciting and profitable idea that many resellers enjoy. But what types of products should you buy and which stores’ returns will give you the best bang for your buck? Here are seven of our top picks.

Amazon Returns

One of our favorite retailers to purchase returns from is Amazon. The sheer number of products they carry and the volume of business they do means they have a huge selection of returns available at all times. Also, because of the nature of online shopping, a great number of Amazon’s returns have nothing to do with product defects or other product issues. Instead, many are because the purchaser changed their mind or the item looked different than it did online. Amazon’s generous return policies and simple processes allow far more returns than many other online retailers. It’s easy to understand why resellers would choose to continue purchasing merchandise from Amazon.

Best Buy Returns

It’s no secret that home appliances have large price tags and therefore make them an ideal choice for resale. Reselling appliances is a smart choice because these big-ticket items are both high in demand and usually sell to consumers in “new” or “like-new” conditions. However, resellers need to keep in mind that shipping these large appliances will be more difficult than other small items—and will be more costly. But, if you’re up for the task, there’s a great deal of money to be made in this industry. If this is your first attempt at purchasing and reselling home appliances, make sure to do your research and learn all you can about buying liquidation appliances ahead of time. Leveraging a company like Best Buy who offers wholesale appliance returns for resellers is a great place to start. Best Buy is home to many well-known brands like Whirlpool, Frigidaire, LG, Samsung, and many more.

Lowe’s Returns

For those looking to get into the home improvement resale space, Lowe’s Liquidation is a great place to start. You may be picturing boxes of bathroom tiles and tools, but Lowe’s store returns are so much more than that! Imagine reselling a truck full of stainless-steel refrigerators, dishwashers, and ranges. Or maybe gardening is more your speed and you’d like to resell lawnmowers, hedge trimmers, and garden tools. It’s easy to forget how much variety Lowe’s has if you haven’t shopped there lately, but they have plenty of options for returns resellers.

Nordstrom Rack Returns

If you’d like to get into the world of clothing resale, Nordstrom Rack is a wonderful place to start. Their liquidation marketplace sells designer and luxury returns, shelf pulls, and more. They break these items down into men’s, women’s, and children’s clothing and footwear lots, and then sell directly to qualified resellers online. Through their official B2B marketplace, Nordstrom Rack sells directly to small business owners like you. Additionally, by purchasing through their official liquidation channel, resellers can take advantage of shipping help with reputable freight companies.

Target Store Returns

Target store returns offer a wide range of trendy products for resale. Housewares, apparel, electronics, toys, and even mixed lots are available. This means you’ll find a wealth of great products to suit just about any reselling site you may be considering. Most of the returns from Target fall into the “like-new” condition, which means you’ll have an easier time reselling than items with obvious wear or tear. The important thing to remember is that you want to purchase these lots from a reputable liquidator. It’s not uncommon for some liquidation companies to purchase a returns lot, take the best items out, and then resell the rest as if it was a direct liquidation lot. Obviously, anyone who then purchases the remainder of the lot will likely be disappointed. This is one of many reasons it’s ideal to purchase directly from retailers yourself through the B-Stock network.

Walmart Returns

Walmart is known for its vast inventory and low prices. Walmart’s liquidation auctions are no different. You’ll find toys, sporting goods, furniture, clothing, electronics, appliances, and all sorts of other items available for very reasonable prices. Auction lots range from a pallet or two up to a full truckload, depending on the supply of returns in a given category. As with any returns or other liquidation auction, be sure to read the manifest carefully and do your research before bidding. If you follow best practices, Walmart returns can be a profitable investment for resellers.

Wayfair Returns

If home decor and furniture are your chosen niche to resell, Wayfair returns may be the best option for your reselling needs. Often sold by the full truckload, these liquidation auctions offer the latest trends in housewares and much more. You’ll find mattresses, upholstery, kitchen and dining accessories, furniture, outdoor decor, and more, in lots that may include more than $50,000 (MSRP) worth of products. For this type of liquidation, you’ll need to have plenty of warehouse space to sort and store your haul. If you have the capacity, Wayfair returns are an excellent option.

Check out all that B-Stock has to offer to suit your reselling needs. B-Stock builds retailers and manufacturers their own auction platform to sell returns, overstock, and other liquidated assets directly to business buyers. We have dozens of private retailer marketplaces in a multitude of categories and conditions to suit your business inventory needs.

The post 7 Retail Stores to Consider Purchasing Returns From appeared first on B-Stock Solutions.



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Air Canada (TSX:AC) Stock: Can You Still Get Rich From It in 2020?

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Instead of resuming flight, the woes of Air Canada (TSX:AC) are mounting in the third quarter of 2020. Canada’s flag carrier’s problems are over the top following the net loss of $1.75 billion in the preceding quarter. In the first three months of 2020, the company reported $1.05 billion in net income.

Air Canada’s CEO Calin Rovinescu said about the first-quarter loss, “No adjectives can adequately describe the pandemic’s cataclysmic effects upon our industry, nor can numbers fully quantify the extent of financial devastation.” Investors hoping to get rich from the airline’s stocks rebound are at a loss for words with the widening losses.

Dark to darker

The dark period of Air Canada is getting darker as the months roll by. Mr. Rovinescu and the management team of Air Canada are begging the government to ease the coronavirus travel restrictions. He adds that Canada’s federal and inter-provincial restrictions have been among the most severe in the world.

Air Canada’s second-quarter results reflect the unprecedented and devastating impact of COVID-19 on the company and the aviation industry in general. Many global airlines are declaring bankruptcies, while others are receiving government bailouts.

Air Canada filed for bankruptcy court protection in 2003, and the nightmare is resurrecting in 2020. Rovinescu was in charge of the restructuring program for 17 years, where recovery took 18 months.  The stock went on to become among the recent decade’s best and top-performer in 2019.

The COVID-19 episode is entirely different from the 2003 experience. Air Canada’s capacity went down by 90% to 95% in the first two quarters. In the second quarter, revenue fell by 89% versus the same period in 2019, while passenger volume was 4% lower than the total volume.

Management expects the third quarter capacity to be not more than 20%. Although cash-on-hand on June 30, 2020 was over $9 billion, Air Canada estimates the daily net cash burn to be anywhere from $15 million to $17 million. There’s no clear runway given the operating environment.

Impossible chances

Air Canada is not imposing its will on the government to open the border to the U.S. The suggestion is to adopt less restrictive or evidence-based measures similar to those applied in Europe and other countries. Perhaps Canada can replace the quarantine requirements for countries with low COVID-19 risks from a public health perspective.

Can you still get rich if you pick up the airline stock today? No one has a crystal ball to foretell what’s in store for investors. The price fell 299% from $48.51 on December 31, 2020 to $12.15 on March 19, 2020. As of August 10, 2020, the share price is $16.23 or a 33.5% climb from its COVID-19 low.

Management is almost certain that returning to pre-corona levels will take at least three years. Only a miracle, like a successful clinical trial and eventual FDA approval of a vaccine, can stack the odds in favour of Air Canada. There are cheaper stocks whose businesses have brighter futures.

Speaking of potential to get rich from Air Canada in 2020…

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The post Air Canada (TSX:AC) Stock: Can You Still Get Rich From It in 2020? appeared first on The Motley Fool Canada.



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Monday Morning Markets – Moving Past 5 Million Virus Cases

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5,045,564.

That's how many cases the US officially has (not that we are counting).  162,938 Americans are dead, that's much harder to cover up.  Globally we are about to cross 20M cases at 19,877,261 with 731,570 deaths so the US has more than 25% of the global cases and 22% of the deaths - despite having just 3.7% of the population so Trump is right - America is leading the world by a factor of 6 - no one transmits the virus or dies from the virus like we do!  MAGA!!!

The markets don't seem to mind and we're still up around record highs as the worst things are for the American people, the better things are for American Corporations, apparently, as the stimulus fairy comes and pays them visit after visit.  President Trump played the fairy this weekend, waving his executive action wand and unconstitutionally wishing for various bribes to the voters:

  • $400/week supplement to unemployment checks (states need to pay for it and Federal supplement comes from Disaster Fund that's meant for hurricanes, etc).
  • Suspend payments on Student Loans through 12/31 (but not the interest).
  • Extend eviction protection through 12/31 (the courts can't handle the backlog anyway)
  • Defer Payroll Taxes through 12/31 (a disaster for the Social Security and Medicare System and also puts a huge tax burden on the employees at the end of the year they are unlikely to manage for, which will be blamed on Biden as a tax increase, of course) 

In other words, Trump's Executive Orders are a whole lot of nothing but Congress and the White House have still failed to reconcile Democrats' $3.4Tn coronavirus-relief plan and Senate Republicans' far smaller $1.1Tn proposal.  The Paycheck Protection Program expired Saturday. The future of the small business rescue plan is in limbo.  “Meet us halfway and work together to deliver immediate relief to the American people,” Pelosi and Schumer said in a joint statement. “Lives are being lost, and time is of the essence.”      

Joe Biden, noting that Trump signed the “half-baked” orders at his golf club in New Jersey, said they short-change the unemployed and trigger a “new, reckless war on Social Security."  “These orders are not real solutions,” soon to be President Biden said. “They


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The IPOX® Week, August 10th, 2020

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  • IPOX Indexes fall towards week-end, many still set weekly all-time Highs. Track SPACs with the IPOX® SPAC (SPAC).
  • IPOX 100 U.S. (ETF: FPX) adds +0.80% to +12.64% YTD. IPOX International (ETF: FPXI) rises +2.31% to +40.58% YTD. IPOX 100 Europe (ETF: FPXE) gains +0.80% to +17.14% YTD.
  • Issuer Flexibility matters: Rackspace (RXT) tanks while Rocket (RKT) rocks. More deals lined up.

Now track SPACs live with the IPOX® SPAC (Ticker: SPAC). IPOX is pleased to note the launch of the IPOX® SPAC, a benchmark portfolio focusing on Special Purpose Acquisition Vehicles.

IPOX Indexes fall towards week-end, many still set weekly all-time Highs. The IPOX Indexes rose last week to close at or near weekly-all-time highs. Trading Sentiment deteriorated towards the weekend on increased China-U.S. tensions with encouraging U.S. and European economic data driving some asset allocation away from the hugely outperforming growth-focused portfolios to conventional benchmark exposure and U.S. small-caps (RTY: +6.00%). In the U.S., e.g., the IPOX 100 U.S., underlying for the $1.5 billion “FPX” ETF, rose +0.80% to +12.64% YTD, lagging the S&P 500 (SPX) by -165 bps. on the week. Amid earnings and renewed corporate actions activity, weekly returns of portfolio holdings diverged sharply: While medical devices maker Irhytm Technologies (IRTC US: +62.33%) and security services provider ADT (ADT US: +41.70%) soared on strong earnings and an investment from Google, respectively, profit taking after earnings pressured infrastructure software makers Datadog (DDOG US: -19.80%) and Fastly (FSLY US: -17.70%). Abroad, we note a fresh weekly all-time

High recorded by number of IPOX Portfolios. The IPOX International, e.g., basis for the $220 million “FPXI” ETF, rose +2.31% to +40.58% YTD, extending the YTD lead vs. its benchmark to +4932 YTD. Here, big gains in Japan-traded exposure including leading courier services provider SG Holdings (9143 JP: +24.55%) and e-commerce firm Mercari (4385 JP: +16.97%) after blow-out earnings more than offset declines in some of the European-domiciled portfolio holdings including Swiss pharma products retailer Galenica (GALE SW: -6.99%) and German medical devices maker DAX-30 candidate Spin-off Siemens Healthineers (SHL GY: -6.07%) which fell after announcing the buy-out of U.S. medical equipment maker Varian (VAR US: +21.69%) last week-end.

Select IPOX® Indexes Price Returns (%) Last Week 2019 2020 YTD
IPOX® Indexes: Global/International
IPOX® Global (IPGL50) (USD) 1.63 27.93 32.47
IPOX® International (IPXI)* (USD) (ETF: FPXI) 2.31 31.37 40.58
IPOX® Indexes: United States
IPOX® 100 U.S. (IPXO)* (USD) (ETF: FPX) 0.80 29.60 12.64
IPOX® ESG (IPXT) (USD) 1.66 - -
IPOX® SPAC (SPAC) (USD) 0.93 - -
IPOX® Indexes: Europe/Nordic
IPOX® 30 Europe (IXTE) (EUR) 0.98 34.55 24.77
IPOX® Nordic (IPND) 3.70 38.52 37.05
IPOX® 100 Europe (IPOE)* (USD) 0.80 30.97 17.14
IPOX® Indexes: Asia-Pacific/China
IPOX® Asia-Pacific (IPTA) (USD) 4.12 4.41 23.31
IPOX® China (CNI) (USD) 3.44 26.31 44.31
IPOX® Japan (IPJP)** (JPY) 5.63 37.91 6.06

* Basis for ETFs: FPX US, FPX LN, FPXE US, FPXU FP, FPXI US, TCIP110 IT and CME-traded e-mini IPOX® 100 U.S. Futures (IPOM0). Source: Bloomberg L.P. & Refinitiv/Thomson Reuters. For IPOX Alternative Strategies Returns, please contact [email protected]

IPOX-linked ETFs (FPX, FPXI, FPXE) Movers (Last Week in %):
IRHYTHM TECHNOLOGIES 62.33 DATADOG INC -19.80
ADT INC 41.70 FASTLY INC - CLASS A -17.70
SG HOLDINGS CO LTD 24.55 EVERGY INC -14.92
CARVANA CO 23.91 ASSETMARK FINANCIAL -13.03
SOLAREDGE 20.77 CAMPING WORLD -11.61
MERCARI INC 16.97 CORTEVA INC -11.34
SOLARWINDS CORP 16.88 BLACKLINE INC -10.85
INARI MEDICAL INC 16.10 TWILIO INC -10.24
VARTA AG 15.91 CROWDSTRIKE HOLDINGS -10.11
MEITUAN DIANPING 15.89 CERIDIAN HCM HOLDING -10.07
ASTON MARTIN LAGONDA 15.46 DYNATRACE INC -9.54

Issuer Flexibility matters: Rackspace (RXT US) tanks while Rocket (RKT US) rocks. More deals lined up. At least 11 companies went public across the global regions last week, with the average (median) equally weighted deal adding +40.37% (+13.30%) based on the difference between the final offering price and respective Friday’s close. Reception to last week’s deals was mixed: While Apollo-backed cloud company Rackspace (RXT US: -26.67%) fell, Detroit mortgage giant Rocket Companies (RKT US: +38.33%) climbed strongly after its 1/3 scaled-back, below-range offer. Shopify (SHOP US: +2.92%) competitor BigCommerce (BIGC US: +229.17%) tripled. China’s largest CRO Tigermed (3347 HK: +13.30%) also debuted strongly in HK, marking the largest healthcare-related IPO in Asia YTD. Insurtech unicorn Duck Creek (DCT US), Tencent & SoftBank-backed Chinese real estate broker KE Holdings (BEKE US), PE-backed Brazilian home furnishing retailer Lojas Quero-Quero (LJQQ3 BZ) and Philippine’s first REIT IPO AyalaLand REIT (AREIT PM) are lined up to list this week. Other IPO news Include: 1) Chinese EV-maker XPeng to add on recent EV-maker IPO fest, 2) Lufthansa’s Technik maintenance unit spin-off IPO still on the table, and 3) KKR reported to revive IPO of defense supplier Hensoldt in Germany.

Track global deal flow live on: https://bit.ly/2WMvnT9

The post The IPOX® Week, August 10th, 2020 appeared first on Low Cost Stock & Options Trading | Advanced Online Stock Trading | Lightspeed |.



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