Press Release (ePRNews.com) - BOCA RATON, Fla. - Dec 26, 2019 - Marvell Foods, a multi-generational family business with sales agents in key markets across the country, now has a west coast office geared toward helping companies mitigate the losses incurred from beauty closeouts. Rapidly accelerating growth in the health and beauty market means that more companies are facing the need to turn unused health and beauty products into profitable turnarounds.
Marvell Foods is a well-established, and nationally recognized trading company with a specialty in brokering discontinued, out of date, unsold, and overstock products, now with an office in Boulder, Colorado. “This expanded service offering to our well-established national client base is a natural extension of the exceptional relationships we have developed during more than a thirty-year period in business with a large chain and small independent retailers, and discount stores, among a host of other buyers,” says Marilyn Raybin, President of Marvell Foods. “This provides the company with an opportunity to help our customers fill the gaps necessary to turn a profit on wholesale salvage makeup, hair care items, and more,” says Raybin.
With a pulse on various growth sectors, Marvell Foods has identified Health and Beauty Aids as a potentially very strong division that serves as an excellent complement to the companies existing services. With accelerated growth nationally in the sector, Marvell Foods recognizes the potential for excess inventory and close-out opportunities retailers and manufacturers can now seek for Marvell Foods to help them find new outlets for closeout health beauty products and other personal care products. “The Boulder office will be a place where we can hone in on this market and provide better, more profitable re-sale opportunities for our clients,” says Raybin.
Similar to the food industry, storing unused health and beauty products can be a big expense for businesses, especially for the young and independent brands at the forefront of the surge. (Forbes) Marvell Foods’ clientèle of established and new brands are able to take advantage of Marvell’s years of brokerage experience and expansive global purchasing network to sell unused products instead of storing them. This will be particularly useful for seasonal items and items that have undergone a redesign and/or packaging change.
For more information, visit marvellfoods.com.
Media Contact: Jeff Mustard
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