We think that this concern is overblown because of the large size and fragmentation of the commercial reverse supply chain segment, high barriers to entry for successful penetration into the market, and the incompatibility of an online surplus liquidation business with the aforementioned potential competitors.
Despite the company's push to convince large retailers and computer makers to sell their surplus on Ebay, that business remains at only about 4% of Ebay's sales, the same as a year ago.
The court held that banks would never find suitable places in crowded downtown business districts unless they could have the right to rent out surplus space acquired in a good-faith effort to house their operations.
Nationally, the unemployment rate remains near a three-decade low, the federal government still has a budget surplus and over the past three months consumer confidence has risen, according to the Conference Board, a business lobby.