BEACON FALLS, Conn., Oct. 8, 2015 (GLOBE NEWSWIRE) — NEJ Inc., the global leader in excess inventory solutions for specialty stores, retailers and famous brands of apparel, accessories, footwear and home goods, announced today the official celebration of the Company’s 25th anniversary.
Founded in 1990 by Ed Mascolo, NEJ, Inc. has become a trusted advisor and partner of retailers looking for proven execution strategies for managing their excess inventory needs and complex inventory solutions. The Company has continued to expand in size and currently occupies 900,000 square feet of warehouse capacity, with the infrastructure and ability to process over 350,000 units of excess inventory per day. Today, NEJ has a diverse customer base of global off-price retailers, ranging in size from a single store to more than 2,000+ stores.
“NEJ was founded on the principles of trust and integrity and those continue to be the driving force of all that we do,” said Ed Mascolo, Founder and President. “Leveraging our diverse retail industry knowledge and disciplined processes has allowed us to become a trusted partner to today’s top retailers and a global leader in creating customized solutions to fulfill the ‘second lifecycle’ of reselling full-price products. I’m proud of our dedicated team that has helped us to grow the Company over that past 25 years, with a proven track record of success. I look forward to our continued expansions and partnerships in the years to come.”
NEJ partners with retailers to create customized sell-off programs for excess inventories by purchasing, processing and reselling past-season merchandise, factory-excess product and retail-store customer returns to global off-price retailers. In turn, the Company assists retail partners with improved inventory turns, operating efficiency, profitability and brand protection.
For more information on NEJ Inc. please visit: www.nejinc.com
About NEJ Inc.
Founded in 1990, NEJ Inc. is a trusted advisor and global leader in excess inventory solutions for specialty stores, retailers and famous brands of apparel, accessories, footwear and home goods. NEJ creates customized solutions to efficiently fulfill the “second lifecycle” of reselling full-price products; by purchasing, processing and reselling past-season merchandise, factory-excess product and retail-store customer returns to a diverse customer base of global off-price retailers. NEJ has more than 350 employees and 900,000 square feet of warehouse capacity, with operations in the U.S. and Canada, third party storage facilities in the UK and Australia.
CONTACT: Media Contact: ICR Brittany Fraser NEJpr@icrinc.com / 203-682-8200