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Over the past five to 10 years, the home goods resale market has seen a significant spike. From Chairish—which specializes in vintage and resale furniture—to seconds specialists like Home Goods and Tuesday Morning, furnishings retailers have realized the opportunity in resale.
And with supply chain disruptions that have plagued the retail industry in the wake of the pandemic, stores have a greater need for inventory while manufacturers have often found themselves with merchandise—particularly seasonal items—that arrived too late and is no longer needed.
That problem has created an opportunity for companies like B-Stock, which essentially serves as a middle man between manufacturers with excess inventory and retailers who want those items. The company works with brands like Wayfair, Ashley Furniture, Target and Home Depot to create an online liquidation marketplace for retailers to shop overstock and return merchandise.
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…
In honor of Earth Day, explore how recommerce is transforming the retail landscape by driving sustainability and the circular economy. As the world’s largest B2B recommerce platform, B-Stock enables retailers and brands to redefine sustainability by giving new life to…
When returned and unsold goods tie up working capital and force write-downs, they quietly erode margins, delay cash conversion, and impact financial performance every single day. Discover how finance teams are turning to technology-driven B2B resale platforms to: Improve recovery…