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With a projected annual return rate of 16.9%, 2024 saw a staggering all-time high of $890 billion worth of merchandise returned to retailers. While a natural byproduct of retail, this merchandise places immense pressure and additional costs on retailers and…
Retailers and manufacturers require effective strategies to handle excess and returned inventory in today’s fast-paced e-commerce market. Online pallet auctions are becoming a more and more common way for companies to get rid of excess inventory in large quantities while…