Good360 solves complex inventory challenges for retailers while helping those in need | Nation/World

Alexandria, Virginia, July 26. 2022 (GLOBE NEWSWIRE) — Whether it’s inflation, excess inventory or supply chain issues, retailers are in a precarious position with a glut of merchandise that can’t be sold. Many of the world’s best-known retailers work with Bon360, the global leader in product philanthropy and targeted giving, to donate these products profitably, efficiently and sustainably. Good360 works with over 400 socially responsible businesses and organizations who donate products through their extensive network of over 100,000 pre-qualified and vetted nonprofit partners. To date, Good360 has distributed over $12 billion in needed goods since its inception 38 years ago.

“As a result of decades of building relationships, our donors know they can trust us. Our rigorous, non-profit verification process protects the brand and ensures products are used for their intended purpose to help those in need,” said Romaine Seguin, CEO of Good360. “We also have strong logistical and operational capabilities, allowing us to handle almost any size of donation, which is attractive to companies looking for a turnkey solution from a single partner.”

Good360 works with donors in a variety of ways to help solve complex inventory issues. Examples include:

  • Large Scale Truck Loads: Good360 coordinates the delivery of semi-loads of goods from return centers and distribution centers to their large non-profit partners.
  • Retail Store Matching: Good360 matches individual store locations with a local nonprofit to help drive local impact with donated goods and build community connections.
  • Central Donation Marketplace: Send goods to Good360’s central warehouse where they are sorted, configured, and shipped to approved nonprofits nationwide.
  • Disaster Recovery Support: Partner with Good360 to assist disaster-affected communities at any stage of the recovery process, including pre-positioning goods for future events.
  • Personalized donation programs: Good360 develops and manages personalized donation programs for many partners.

“Our world is experiencing a growing gap between the needs of those who have a lot and those who don’t have enough, and the current issues in the retail environment are a great opportunity to bridge that gap while solving a huge business challenge,” Seguin said. “When we close the gap, we open up opportunities: for donors to use their assets for good and for nonprofits to better serve their communities; for communities to become more resilient and for all of us to waste less and for people to reach their limitless potential.

To learn more about becoming a Good360 corporate donor, visit https://good360.org/corporate-partners/.

About Good360

Good360’s mission is to close the need gap by partnering with socially responsible businesses to source much-needed donated goods and distribute them through its diverse network of over 100,000 vetted nonprofits. In doing so, Good360 opens up opportunities for those in need, for the nonprofits that support them, and for businesses that donate goods, while keeping usable items out of landfills. Good360 has distributed over $12 billion in donations through corporate donors including Advance Auto Parts, Amazon, American Eagle Outfitters, CVS Health, Gap, Inc., Levi Strauss & Company, Mattel, Tempur Sealy International, and UPS. Good360 is a registered 501(c)(3) organization. Learn more about https://www.good360.org.

Melissa Skabich Good360 973-760-9926 [email protected]

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