B-Stock Blog

How to Reduce Loss for Excess and Returned Merchandise

Consumer behavior is continuing to shift: online spending is rising while brick-and-mortar foot traffic is declining. What’s more, many stores are playing catch-up when it comes to their e-commerce operations or are struggling to compete in a very demanding online environment teeming with competition. All this is forcing many retailers to close physical stores (we’ve …

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Posted in: In The News

Buyer Spotlight: Jay Roberts of Real Deal Warehouse

Around 15% of items are returned to or never sold by retailers; this amounts to hundreds of billions of dollars in merchandise that can’t go back on store or virtual shelves and is slated for the secondary market. This is where B-Stock comes in: we connect retailers’ and manufacturers’ excess merchandise directly to business buyers, …

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Some of My Best Friends Are Brokers

I’ve spent a couple of decades helping companies deal with risk inventory: from designing reverse logistics processes, setting up refurbishing operations and establishing remarketing sales channels. Along the way I have developed long-term relationships with a lot of brokers and I have spent more than a decade in a broker role as well. When I …

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Posted in: In The News

Industry Opinion: Why independent jewelers need to take more notice of overstock auctions

The jewelry industry is notorious for holding large amounts of overstock of products which can’t be shifted. Here Ben Whitaker director EMEA of B-Stock Solutions considers the importance of web-based B2B auctions when it comes to helping to shift that stock. Sagging sales for large jewelers and manufacturers have left considerable amounts of overstock merchandise that …

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Posted in: In The News

Combating Ecommerce Returns with Technology

The explosive growth of ecommerce sales is bringing a subsequent spike in ecommerce returns. To put it in perspective: Returns are projected to grow at a 15% annual rate, and 30% of online purchases were returned last year, according to research from commercial real estate firm CBRE. Buyer’s remorse from consumers not being able to …

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Posted in: In The News

B-Stock to Exhibit at SCOPE

B-Stock is heading to SCOPE next week, May 1-3, in Schaumburg, IL. SCOPE is the supply chain industry’s leading executive level conference that connects supply chain executives at Fortune 500 organizations with top solution providers to learn about their latest technology and innovations. This is our third time exhibiting at SCOPE and we look forward …

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Battling the knock-on effects of a warmer winter

The winter of 2015 was the warmest in 70 years and the mild weather has hit retailers hard, with accountancy firm Deloitte identifying average reductions of 41.8 per cent, the biggest since 2008. [2] What’s more, retailers are dealing with considerable amounts of excess, unsold winter stock as well as returned winter merchandise; all of …

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Posted in: In The News

E-commerce returns are on the rise: what’s your reverse logistics plan?

There has been a lot of talk lately in the logistics community about the surge in e-commerce returns: a recent report from CBRE noted that they are growing at a 15-percent annual rate and in 2015 around 30 percent of online purchases were returned. Those are some pretty big numbers that can’t be ignored. What’s …

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