Boston-Based Ameritrade Corporate Holdings Partners with Chepstow Corporation to Liquidate U.S. Manufacturer Closeouts
Strategic alliance will bring surplus and obsolete inventory from top U.S. brands to retailers across North America

Boston, MA & Rehoboth Beach, DE — February 3, 2025 — In a new partnership that strengthens North American access to surplus U.S. inventory, Ameritrade Corporate Holdings, Inc. has selected Chepstow Corporation as its exclusive liquidation partner for obsolete and dated products sourced from Ameritrade’s manufacturing clients.
Based in Boston and established in 1999, Ameritrade Corporate Holdings operates a portfolio of export management and trading companies. Working in conjunction with the U.S. Department of Commerce and the U.S. Export-Import Bank, Ameritrade represents over 15 major U.S. manufacturers in more than 35 countries.
Under this new agreement, Ameritrade will provide Chepstow Corporation with direct access to closeout inventory from its partner manufacturers. Chepstow — a leading buyer and distributor of surplus goods — will be responsible for liquidating these products across its expansive network of discount retailers, wholesalers, and secondary market buyers throughout the U.S. and Canada.
“Ameritrade’s relationships give us a unique window into high-quality, branded closeouts,” said Paul Work, President and CEO of Chepstow Corporation. “This partnership allows us to bring fresh inventory to market while helping top manufacturers recover value on excess goods.”
“From a financial standpoint, Chepstow’s model eliminates friction and preserves margin,” said Roger Bolduc, Chief Financial Officer of Ameritrade Corporate Holdings. “They take the entire inventory — not just the profitable pieces — which allows our partners to convert sunk costs into cash flow without the drag of piecemeal liquidation. It’s a full-risk transfer that delivers immediate balance sheet impact.”
The alliance comes at a critical time for both manufacturers and retailers. As supply chain disruptions and shifting consumer demand leave U.S. producers with growing volumes of unsold goods, the need for reliable liquidation channels has intensified. Meanwhile, North American retailers — especially those in the discount and value segments — are aggressively sourcing affordable inventory to meet consumer demand amid recessionary pressures.
“Chepstow has built a reputation for speed, discretion, and full-lot liquidation,” Bolduc added. “They’re the ideal partner to move this inventory efficiently and profitably into trusted secondary channels.”
About Ameritrade Corporate Holdings, Inc.
Founded in 1999 and headquartered in Boston, Ameritrade Corporate Holdings, Inc. operates several export management and trading companies representing U.S. manufacturers in more than 35 countries worldwide. The company facilitates international market development through licensing agreements, joint ventures, acquisitions, and strategic export sales — working closely with the U.S. Department of Commerce and the Export-Import Bank of the United States.
About Chepstow Corporation
Chepstow Corporation is a Delaware-based leader in the liquidation and surplus inventory sector. Specializing in full-lot acquisition and rapid redistribution, Chepstow serves food and non-food manufacturers and supplies tens of thousands of retailers across the U.S. and Canada with high-quality, value-driven goods.
Media Contact:
Michael Miller, Media Relations
mike.miller@chepstowcorp.com
Tel: 302-793-9090