Category: In The News

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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2016 SDCE Green Supply Chain Award

B-Stock Solutions operates a large network of business-to-business (B2B) liquidation and wholesale online auction marketplaces. By ditching the practice of landfilling excess, obsolete and returned product and replacing it with a more sustainable B2B liquidation marketplace—for inventory of all conditions—B-Stock’s clients enabled the recycling, repurposing, reuse or resale of just under 70 million items through …

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8 tips for Black Friday success

With Black Friday around the corner, retailers will be busy preparing for the inevitable surge in sales as customers look to bag themselves a pre-Christmas Bargain. However, Black Friday is much more than just a day, and retailers need to plan for the longer-term effects of this particular promotion. Here, retail tech experts reveal their …

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The Dark Side of Black Friday and Cyber Monday: Managing the Surge in Customer Returns

Over the past few years America’s ‘Black Friday’ concept has begun infiltrating the UK marketplace with retailers pulling out all the stops, eager to create a gift-buying frenzy with shoppers. On the heels of Black Friday comes Cyber Monday, the day of the year that marks the highest volume of online sales, and provides even …

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Rethinking Reverse Logistics For E-Apparel Returns

We’ve all done it: ordered a few sizes or styles of shoes/pants/dresses/etc. from an online retailer with the intention of sending back whatever doesn’t fit. Relaxed return policies and the expectation of free shipping and returns are promoting this type of behavior, and while “free returns” do drive customer loyalty, the trend is leaving e-retailers …

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Posted in: In The News