Tag: store returns

Online apparel is booming. What does that mean for returns?

Billions of dollars of apparel sales are moving from brick and mortar to online: the big shift – according to Internet Retailer – occurred last year when web sales of apparel grew 20.4% versus 1% for physical stores. In one year “the web’s share of U.S. apparel sales grew to 17.9% from 15.5%” and that …

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Reevaluate Your Liquidation Plan To Achieve Higher Recovery

By getting smart about the secondary market and looking beyond traditional liquidation methods for customer returns and other excess inventory – like selling offline to one or two buyers – you can create a sophisticated, scalable solution that optimizes your monetization of customer returns and other excess inventory. But what exactly does a successful solution …

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Recouping Value for Returned Consumer Electronics

Consumer electronics boast one of the highest return rates of any product category. Relaxed return policies, the increase in online purchases, and buyer’s remorse are among the reasons that up to 20 percent of CE items are returned. Buyer frustration also plays a big role: the average person will spend 20 minutes trying to get …

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Tackling your Liquidation Program with Technology

Around 3.5 billion items are returned to retailers each year adding up to over $260 billion worth of merchandise. A large portion of this inventory can’t go back on store or virtual shelves – due to diminished item condition, damaged packaging or product obsolescence – and is slated for liquidation. Luckily the ‘L word’ (in …

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Send It Back: More Online Spending Means More Returns

These days, you’d be hard pressed to find a major retailer that doesn’t offer an online platform or store to purchase items from, and for good reason: now more than ever consumers are heading online to make purchases. In fact, current statistics show that 89% of consumers prefer to shop online – not surprisingly – …

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Almo’s Marketplace Now Auctioning Merchandise from Dallas Facility

As part of our ongoing partnership with Almo Corporation, we’re happy to expand our service offering to accommodate returned and excess merchandise from the company’s Dallas-based facility. Now qualified business buyers have an even greater opportunity to source products including name-brand appliances, top consumer electronics brands, and home and garden products directly from the largest …

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B-Stock’s CEO Howard Rosenberg Recognized as 2015 ‘Pro to Know’ by Supply & Demand Chain Executive Magazine

A big congratulations to B-Stock Solutions’ CEO Howard Rosenberg who was recently named a 2015 “Pro to Know” by Supply & Demand Chain Executive magazine. The “Pros to Know” awards recognize top supply chain executives who are leading initiatives to solve supply chain challenges in today’s global climate. In Howard’s case, that involves disrupting the …

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Creating an Impactful Solution for Liquidation of Excess Inventory

Consider this: in 2014 consumers returned a record $284 billion worth of merchandise to retailers. That’s a huge number (about equal to the GDP of Singapore) and it is only going to get bigger due to the continued increase in online sales (which typically bring a higher return rate) and relaxed return policies by retailers to drive …

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Seasonal Returns Provide Great Product-Sourcing Opportunities

Did you know that around 10% of all holiday purchases are returned to retailers in the months following Christmas? Whether buyers’ remorse, relaxed return policies or gift-recipient repugnance, retailers are getting back close to $64 billion in merchandise sold during the holidays; much of which can’t go back on the shelves. All of these returns, however, …

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New customer returns liquidation marketplace

logo-essex-b2b

We are very pleased to announce the launch of our newest liquidation marketplace.  Essex Bargain Hunt is now liquidating customer retail returns via essexb2b.com. The marketplace offers small, pallet lots that are specifically assembled for eBay sellers all the way up to full truckloads of retail returns.  These lots span a wide range of merchandise …

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