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Chances are that your friend’s snazzy new TV — the one you watched the Super Bowl on — won’t be there the next time you visit. That’s because more consumers are capitalizing on retailers’ lenient return policies to watch pro football’s championship match on state-of-the-art TVs they can’t afford by buying, using and then returning them after the big game.
“Wardrobing” — the practice of returning nondefective used merchandise — constitutes a form of retail fraud that 33.1 percent of companies surveyed by the National Retail Federation said they experienced in 2018.
If you’re running a resale business with liquidation merchandise, organization is key. Buyers who are sourcing inventory through liquidation marketplaces deal with shipments that range in size. From parcels to pallets, and full truckloads, you want to create a system…
Whether it’s corporate social responsibility or pressure from consumers, companies are looking for solutions to shed their wasteful ways. The traditional take-make-waste linear model is falling out of favor as the push for circularity grows. But the big question companies…