Category: In The News

Redefining Online Auctions with CellWorks Unlimited Liquidation Auctions

Around the world, smartphone consumers by the hundreds of thousands – maybe millions – are returning their devices everyday to take advantage of of buyback and upgrade programs. Meanwhile manufacturers are overproducing devices to facilitate skyrocketing demand. To save money and space, retailers and manufacturers regularly sell this excess inventory into the secondary market, and …

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How can retailers prepare for New Year returns?

The holiday season will mark a huge boost in revenue for most retailers: holiday sales can account for as much as 30 percent of total annual revenue. But on the heels of the biggest shopping season of the year, comes a rush of returned merchandise that will end up significantly cutting into the bottom line. …

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Tackling Holiday Returns with Technology

A holiday hangover, buyer’s remorse or impulse buying gone bad—no matter what you call it, around 10 to 15 percent of merchandise, once purchased/gifted/unwrapped, will be heading back to Canadian retailers and manufacturers this holiday season. Holiday sales can account for as much as 30 percent of total annual revenue for most retailers. But on …

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7 key trends for retail in 2017

From the explosive growth of e-commerce to heightened pressure to meet consumer expectations of relaxed return policies to increased buyer remorse, the retail sector continues to remain volatile and unpredictable. As we’ve seen this year with the closure of BHS, even the largest retailers are not safe, whilst the fluctuating value of the pound following …

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Posted in: In The News