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We are all reminded that the holiday season is approaching with a flurry of Christmas adverts encouraging us all to spend, yet retailers are anticipating a less than merry Christmas for their sales. According to Deloitte, only 62% of retailers expect to see higher sales this Christmas compared to a more positive 80% last year, this follows a year-long struggle of negative sales and many retailers falling into administration.
According to recent data from the National Retail Federation (NRF), 2024 saw a record-breaking $890 billion worth of merchandise returned to retailers. As the leading B2B recommerce platform, B-Stock also saw a record-setting number of buyers, bidders, and listings on…
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…