SAN FRANCISCO -- SAM is using its BidOnFusion.com marketplace to run retail return auctions. Categories include apparel and consumer electronics, general merchandise, bikes and ride on’s.
“The traditional reverse logistics model of selling inventory downstream through multiple tiers of liquidators is outdated and inefficient. We appreciate and share Walmart’s drive for efficiency and are honored that Walmart.com has selected the SAM as its liquidation partner,” announced Sebastian Baerend, CEO of SAM Auction Software, which operates the BidOnFusion marketplace.
About Walmart
Based in Bentonville, Walmart is the world’s largest retailer. Walmart helps people around the world save money and live better -- anytime and anywhere -- in retail stores, online and through their mobile devices. Each week, more than 245 million customers and members visit its 11,000 stores under 69 banners in 27 countries and e-commerce websites in 10 countries. With fiscal year 2013 sales of approximately $466 billion, Walmart employs 2.2 million associates worldwide.
About BidOnFusion.com
BidOnFusion.com is a retail liquidation marketplace for retail returns. The Fusion approach to liquidations differs from the traditional reverse logistics model in that it aims to improve recovery rates through the extensive use of data analytics. In addition to its extensive bidder pool BidOnFusion.com draws traffic from partnerships with Alibaba.com and dozens of other traffic partners.
Media Contact:
CONTACT: Marie Friel
EMAIL: marie@samauctionsoftware.com
Website: http://samauctionsoftware.com
PHONE: 415-543-5825
Contact
Marie Friel
415-543-5825
marie@samauctionsoftware.com
