Max Retail provides a platform that enables independent retailers and brands to list their unsold inventory across over 20 e-commerce sites, facilitating quick sales without returns. This solution helps businesses recover their wholesale costs on past season items, improving cash flow and reducing excess stock.
Funding
$20.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
TAFounders
Product
Problem
Independent retailers and brands often struggle with excess or unsold inventory, leading to financial losses and tied-up capital. Traditional liquidation methods yield low returns, and smaller businesses lack the resources to effectively participate in large e-commerce marketplaces. This results in significant markdowns or unsold goods sitting in warehouses or on store shelves.
Solution
Max Retail provides a platform that connects independent retailers and brands with a network of over 20 e-commerce sites to sell unsold inventory. The platform enables retailers to list their excess inventory, reaching over 400 million shoppers and recovering wholesale costs on past season items. Max Retail handles shipping, credit card processing, and customer service, allowing retailers to focus on their core business. By aggregating inventory from multiple retailers, Max Retail creates sellable assortments and extends the reach of individual businesses, resulting in higher payouts and improved cash flow.
Target Audience
Max Retail primarily targets independent retailers and brands, including apparel, footwear, and other specialty retailers, who need a solution for managing and selling excess inventory.
Features
- Integration with platforms like Shopify for easy inventory reporting via product feed
- Access to a network of over 20 e-commerce sites and marketplaces
- Automated listing of inventory across multiple online channels
- Handling of shipping, credit card processing, and customer service
- Aggregation of inventory with other retailers to create attractive assortments
- AI-powered pricing and allocation engine to maximize payouts for sellers
- SKU-level insights to understand inventory performance and market value
- No returns policy for streamlined sales