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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.
Some of the world’s largest wireless OEMs, carriers, and trade-in companies leverage B-Stock’s B2B marketplace to maximize their profits on trade-in mobile devices and accessories. Get insight into secondary market trends to fetch the highest prices for your devices.
Every April, Earth Month serves as a reminder that sustainability isn’t a trend: it’s an imperative. For retailers and brands managing the constant flow of returned, excess, and pre-owned inventory, the question is no longer whether to embrace sustainable practices,…
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…