Inside The Mind Of A Liquidator

Interesting facts from a Boston Globe article profiling a member of the Tweeter liquidation team, David “The Junkyard Dog” Spehar:

  • At the beginning of a liquidation sale, it’s very typical that they reset the price back to original and begin discounts from there
  • The discounts get bigger week by week, or faster if merch isn’t moving
  • Employee theft is a big problem
  • One liquidator helps make nice with the old employees working through the liquidation sale by giving more sales bonuses than they got before
  • Also, by buying everyone donuts

As retailers reel, a call for the liquidators [The Boston Globe] (Thanks to peetah!) (Photo: Josh Reynolds)