This website uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To find out more and change your cookie settings, please view our Privacy Policy.
B-Stock Solutions is reaping in the benefits of a strong market for excess merchandise liquidated online. The Belmont, Calif.-based company recently received $65 million in funds from investment firm Spectrum Equity, bringing its total funding from investors to $73.2 million, B-Stock says.
B-Stock develops and hosts liquidation marketplaces for retailers and manufacturers, including such names as Amazon.com Inc., General Electric, Boise Paper, Essendant, CDW, Macy’s, Walmart, Sears and The Home Depot. Client marketplaces cover several product categories, including apparel, home appliances, automotive, computers, industrial equipment and office supplies. Each marketplace is open only to approved buyers, such as wholesalers and retailers.
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…
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…
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…