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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 a total of 137,473 auctions to date. In the past 18 months alone, 45 million items were sold for reuse, resale or recycling. As an example, B-Stock worked with a large cellphone buyback company to build a B2B solution for its collected inventory, so it could auction off bulk quantities of merchandise directly to a qualified buyer base. The organization successfully sold 136,835 devices through 4,205 auctions.
More from the B-Stock Blog
Stop Managing the Excess Inventory Backlog. Start Clearing It.
The numbers are hard to ignore. According to the National Retail Federation, retailers expect ~16% of annual sales to be returned, roughly $850 billion in merchandise. According to McKinsey & Company, it’s forced retailers to spend an estimated $200 billion…
Recommerce: Earth Day Sustainability Infographic
In honor of Earth Day, explore how recommerce is transforming the retail landscape by driving sustainability and the circular economy. As the world’s largest B2B recommerce platform, B-Stock enables retailers and brands to redefine sustainability by giving new life to…
Recover More Value from Returns and Excess Inventory
When returned and unsold goods tie up working capital and force write-downs, they quietly erode margins, delay cash conversion, and impact financial performance every single day. Discover how finance teams are turning to technology-driven B2B resale platforms to: Improve recovery…
