As we head into Thanksgiving weekend, the holiday shopping season officially kicks into full swing with more than 135 million Americans planning to take advantage of deals that retailers have in store and online. Black Friday has turned into Grey Thursday (more retailers than ever are opening their doors to bargain hunters on Thanksgiving Day) and Small Business Saturday leads into Cyber Monday; it seems the Thanksgiving holiday has become less about turkey and football and more about five days’ worth of incentive to spend, spend, spend!

While retailers can expect huge margins this time of year as consumers get caught up in the spending madness, this time of year also brings impulse buying to a new level, leaving some buyers waking up Tuesday morning with a shopping hangover. Whether blamed on the turkey coma, the wine haze or getting caught up in the spirit of giving, many head back to the store, return in hand.

Holiday returns account for 10 percent of holiday sales; that’s around $60 billion worth of merchandise that retailers need to be prepared for. What’s more, a lot of this inventory can’t go back on store or virtual shelves, and that can equate to millions of dollars lost. But it doesn’t have to. By implementing an efficient solution for returned merchandise slated for the secondary market a retailer can recoup maximum value – post-holiday and all year round – and meaningfully impact its overall operating margin.

Five of the top six U.S. retailers, along with hundreds of others, have leveraged B-Stock’s award-winning, technology-based, and data-driven solutions to achieve a 30-80% higher recovery rate for their returned and excess inventory. This includes B2B and B2C Enterprise Solutions for large organizations and our SMB Solution: B-Stock Supply.

For more information on the clients we serve, please visit our B-Stock Sourcing Network. If you’re interested in learning more about how B-Stock can build a customized solution for returned, overstock or excess inventory – post holiday and all year round – please contact us.

More from the B-Stock Blog

B-Stock’s Summer Teammate Spotlight 2024: Meet Angelica Wang
B-Stock’s Summer Teammate Spotlight 2024: Meet Angelica Wang

B-Stock is so excited to welcome Angelica Wang to the Product Design team this summer! As a summer teammate, we know Angelica will be an incredible asset to the company. Angelica is currently studying Human-Computer Interaction at the University of…

Jul 19 2024 · 2 min read

What Can B-Stock Do for Your Business? Our Recovery Insights Tool Can Tell You
What Can B-Stock Do for Your Business? Our Recovery Insights Tool Can Tell You

Need a Better Way to Manage Your Surplus Goods? Use B-Stock's Recovery Insights Tool Shoppers today truly want it all—the latest models and styles, fast delivery, easy exchanges, free returns, and so on—and for the most part, leading brands and…

Jul 10 2024 · 2 min read

B-Stock’s Summer Teammate Spotlight 2024: Meet Sabrina Glaser
B-Stock’s Summer Teammate Spotlight 2024: Meet Sabrina Glaser

B-Stock is so excited to welcome Sabrina Glaser to the Account Management team this summer! As a summer teammate, we know Sabrina will be an incredible asset to the company. Sabrina is currently studying Marketing and Business Analytics at the…

Jul 05 2024 · 3 min read

Like what you see?

Subscribe to our newsletter to get the latest news from B-Stock.