I think everybody has a lot of spare junk that they wish they could click a button and just sell. It is also cumbersome to list items on Craigslist since there is a lot of filtration required. Likewise, Ebay is no longer a good place to get rid of unnecessary garbage since competitive forces have rendered markets full of supplies of garbage that nobody needs.
Scale this problem up by a factor of a thousand and you have companies with warehouses full of garbage they don’t need. So insert in a company like Liquidity Services (NYSE: LQDT) and take a look at what they’ve done since the economic crisis:
Suffice to say, the horse is completely out of the barn now and the company will be facing the law of large numbers soon (i.e. growth percentages are going to slow down), but I just found this interesting. Companies finding profitable ways of getting rid of junk assets (either through re-selling them or otherwise trashing or recycling them) should continue to do well.