Author Topic: FBAForward Bankrupt and Closing  (Read 158 times)

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Southern Jewel's Fab Finds

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FBAForward Bankrupt and Closing
« on: August 13, 2018, 11:55:17 AM »
FBAforward prep company went bankrupt yesterday and now everyones stock is stuck inside the warehouse.

Here's the site:
FBA Forward

I'm 99.9% sure that we all handle our own but just in case.
Comments on this Reddit are worth taking your time though.
https://www.reddit.com/r/FulfillmentByAmazon/comments/96dwam/fbaforward_closed_and_all_inventory_stuck_inside/



uncleleroy

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Re: FBAForward Bankrupt and Closing
« Reply #1 on: August 13, 2018, 10:30:19 PM »
I have never had a need for this type of service. I've managed my own stuff being labeled, bagged and sent to FBA quite well for years now.

Southern Jewel's Fab Finds

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Re: FBAForward Bankrupt and Closing
« Reply #2 on: August 14, 2018, 09:57:42 AM »
Same as you except I started in 2008.

uncleleroy

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Re: FBAForward Bankrupt and Closing
« Reply #3 on: August 14, 2018, 07:41:17 PM »
Yep, about 4 years before me.

WayOutWest

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Re: FBAForward Bankrupt and Closing
« Reply #4 on: August 18, 2018, 06:10:48 PM »
Wow!  One, that ppl outsource this, and two that ppl have stuff stuck in warehouse!  I guess, though, that's the risk you take when outsourcing stuff.

uncleleroy

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Re: FBAForward Bankrupt and Closing
« Reply #5 on: August 19, 2018, 01:01:13 AM »
I wonder what will happen to inventory if owners are unable to get it before the deadline.

Southern Jewel's Fab Finds

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Re: FBAForward Bankrupt and Closing
« Reply #6 on: August 19, 2018, 03:37:45 PM »
I've thought about this, too.
I would put money down on it that there will be auctions for pallets of inventory.
My thoughts?
Amazon will probably swoop in and buy the pallets.
The products are ready to go and pretty easy to move forward with putting them into their existing inventory.

OR
I don't know if you've ever looked into this:
Liquidations website which I used the keyword Amazon

We used to have a member or two of this forum that would buy from the site (not just from the keyword Amazon but other liquidations) and then individually upload the items back into Amazon or sell on eBay or their own sites.

uncleleroy

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Re: FBAForward Bankrupt and Closing
« Reply #7 on: August 19, 2018, 06:23:38 PM »
I've looked at the website before, but just haven't pulled the trigger. I don't have the warehouse space as I'm out of my little tadpole of a home-on-wheels (i.e. double-wide) and a small 10x14 shed full of all kinds of nice funky stuff to sell.  I would absolutely do it if I had more space. Still contemplating on whether I want to try and win an auction first and see what happens.

And as far as space is concerned, I just straightened out my living room, dining room and den. So I guess I have room after all  :laugh

  

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