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Slack periods can see significant amounts of excess stock piling up in the stockrooms of major retailers, who are less-than-happy to see obsolete goods cluttering their backrooms. Historically such retailers would have sold this excess stock for a pre-negotiated (most likely low) price, to one or two liquidators. However a shift has taken place in recent years: eliminating the liquidator from the equation, and directly selling the inventory to business buyers through a B2B overstock auction platform. This format simplifies the process of acquiring stock, and eliminates many problems caused by liquidator involvement.
Managing returned inventory across multiple locations is no small task. For JCPenney, a fragmented process, inconsistent recovery rates, and limited buyer competition made it difficult to maximize the value of returned merchandise. By partnering with B-Stock, JCPenney centralized its B2B…
Back-to-school season is here! For resellers, it’s one of the best times of year to move inventory, attract new buyers, and position your business as a smart way to save on popular products. This year, budget-conscious shoppers are getting their…