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The value of retail returns last year rose 53% from 2015 to $400 billion and 27% of apparel sales are now online; the growth of e-commerce is stoking that, according to returns and overstock supply company B-Stock. Returns of brick-and-mortar purchases tend to hover at 8%, while e-commerce returns can reach as high as 15% to 30%, according to CBRE, which says that likely value of online holiday returns is $32 billion, up from 2016’s estimated $28 billion.
As the demand for circular business models continues to grow, more retailers and brands are leveraging technology to transform traditional resale practices and drive a more sustainable future. Get exclusive data, analysis, and best practices to navigate the current B2B…
B-Stock connects global buyers with top retailers’ excess and returned inventory. Whether you’re interested in cross-border shopping via North America, South America, Europe, Africa, or Asia, we can help. International buyers can participate on the B-Stock marketplace through freight forwarding…